lead time


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lead time

n.
1. The time between the initial stage of a project or policy and the appearance of results: a long lead time in oil production because of the need for new exploration and drilling.
2. The time available for preparation between an announcement or decision and the event it pertains to.

lead time

n
1. (Commerce) manufacturing the time between the design of a product and its production
2. (Commerce) commerce the time from the placing of an order to the delivery of the goods

lead′ time`

(lid)
n.
the period of time between the initial phase of a process and the emergence of results, as between the planning and completed manufacture of a product.
[1940–45, Amer.]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.lead time - 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"
interval, time interval - a definite length of time marked off by two instants
Translations
läpimenoaika

lead time

[ˈliːdˌtaɪm] n (Comm) → tempo di consegna
References in periodicals archive ?
Previously, Apple indicated in its country websites that people should give around 5-7 days lead time when ordering the iPhone 6 and the iPhone 6 Plus.
15, 2014 /PRNewswire/ -- DE-STA-CO has improved standard lead times for its manual, hydraulic and pneumatic workholding equipment by up to 50 percent or more, while at the same time increasing its on-time delivery rate to 97 percent.
In today's business climate, where "faster, cheaper and better" is the common demand of customers, lead time is the basic principle that most affects successfully achieving these demands.
Service levels can be defined in terms of product availability, the lead time from order placement until receipt of product, expediting policies, information availability and accuracy, performance levels/guarantees, and other aspects of customer service.
But "right now, the vast majority of lead time has nothing to do with technology.
Some mold designers are finding that using the Web to manage a tool project can shorten lead times, cut costs, and make sure vital data get to all participants in a project.
Therefore, many inventory control managers go to great lengths to determine effective, efficient reorder points and quantities, with lead time as a significant factor, but do nothing to measure the efficiency or effectiveness of their inventory control system alone.
Same-day delivery information and standard end-to-end lead time reports are included in the service as well.
5 /PRNewswire/ -- Lead Time Technology, a market leading provider of technology-enabled process optimization tools to reduce and right-size inventory, improve forecast accuracy and service, optimize production resources, and reduce cycle time across the supply chain, today announced that the Owens-Illinois, Inc.
As perceived by the customer, lead time is the most misunderstood value dimension.
In 2004, Shipman Enterprises became Lead Time Technology to better represent the value it brings to market.