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Lead Time |
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Lead Time In terms of a supply chain, the total time needed for an order to be processed. Notes: Lead time starts when the order is received by the sales department and ends when the client pays the invoice.See also: Supply Chain |
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? Mentioned in | ? References in periodicals archive | |
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| These approved vendors require a lead time to construct these non-stocked tire cages, which aren't cheap. The 16,500 square meter facility, expected to start operations in February 2007, will allow Tung Yu to double its production capacity and help reduce lead time to customers. The new system will feature database of the product as well as statistical analysis which will reduce lead time in product recalls. |
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