A network system, having an array of processing engines (“PEs”) and a delay line, improves packet processing performance for time division multiplexing (“TDM”) sequencing of PEs. The system includes an ingress circuit, a delay line, a demultiplexer, a tag memory, and a multiplexer. After the ingress circuit receives a packet from an input port, the delay line stores the packet together with a unique tag value. The delay line, in one embodiment, provides a predefined time delay for the packet. Once the demultiplexer forwards the packet to an array of PEs for packet processing, a tag memory stores the tag value indexed by PE number. The PE number identifies a PE in the array, which was assigned to process the packet. The multiplexer is capable of multiplex packets from PE array and replacing the packet with the processed packet in the delay line in response to the tag value.