lead time

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Related to Manufacturing Cycle Time: Manufacturing Lead Time

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.

lead time

the time between placing an order or reorder and the goods being received into stores. STOCK CONTROL systems take the lead time into account when deciding upon reorder levels, placing orders whilst there is sufficient safety stock or BUFFER STOCK to meet production requirements during the lead time. Lead time to manufacture is the time calculated to manufacture a component or final product.
References in periodicals archive ?
For example, the manufacturing cycle time to produce a widget is 13 weeks.
A reduction in idle time translates into a reduction in manufacturing cycle times," says general manager Carl Klebe.
But high material costs and long manufacturing cycle times have kept it out of mass production vehicles.
Among the different TIM options, thermal greases typically offer the best thermal performance and reduced manufacturing cycle times though, depending on the application method, assembly can be messy.
Our objective is to meet those dates, and to meet the objective we are reducing manufacturing cycle times.
As industry experts forecast significant reductions in the cost of carbon composites, along with continuous improvements in related manufacturing cycle times, this becomes an attractive solution for the structural components of future global car platforms.
Average manufacturing cycle times reduced from 35 days to 14-1/2 days.
Rapid detection helps reduce inventory carrying costs, shorten manufacturing cycle times, and reduce product losses while improving quality compliance, all of which directly impact the bottom line.
Consequently, key elements leading to the organization's improved competitive position within the market and enhanced customer satisfaction include, increased productivity and product velocity, thereby, reducing working capital, direct labor, and overhead costs; as well as, reduced manufacturing cycle times, scrap/rework and factory footprint.
one of the nation's largest department store retailers, is using the PTC retail solution, FlexPLM[TM] to help streamline its product development processes by managing the Company's product specifications, improving collaboration among its global design partners, and helping to expedite overall design and manufacturing cycle times.
To achieve operational excellence, these manufacturers must focus on proactively improving quality to deliver safe, compliant products on time, the first time, every time; and creating leaner operations to reduce inventory and manufacturing cycle times.

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