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Lead Time
(redirected from Lead Manufacturing Cycle)

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia 0.01 sec.
Lead Time
In supply chain management, the amount of time between a supplier receiving an order and its delivery to the distributor or customer. This is important for both custom-made products and mass production, and suppliers are expected to know the lead times for their different products. It is particularly important for just-in-time supply chains, in which each step in the supply chain is expected to know precise lead time. It is also called turnaround time.


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