lead time meaning

Pronunciation:   "lead time" in a sentence
Noun: lead time  led tIm
  1. The time interval between the initiation and the completion of a production process
    "the lead times for many publications can vary tremendously"; "planning is an area where lead time can be reduced"

Derived forms: lead times

Type of: interval, time interval

Encyclopedia: Lead time


[Business]
noun [U,C]

(Production )

the time between receiving an order and delivering the product or service to the customer:

The lead time for the motorcycle is two months.

For small orders she's brought the lead time down from ten days to three.

CYCLE TIME


[Finance]
In terms of a supply chain, the total time needed for an order to be processed.

Examples

More:   Next
  1. 2003 : short the lead time for new production
  2. research on lead time model in supply chain distribution
  3. fob port : china lead time : 30-45 days
  4. lead time units are minute, hour, day, and week
  5. what is the lead time for production of skiwear

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