lead time


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lead time

1. The period of time from when a product is designed to when it is produced or manufactured. Your idea is indeed very intriguing, but with a lead time as long as that, we'll have a hard time securing investors.
2. The period of time from when an order for goods has been placed to when it is delivered. The online retail giant is hoping to drastically reduce lead time with the use of unmanned carrier drones to deliver orders.
See also: lead, time
References in periodicals archive ?
In daily operations of enterprises that design, supply, manufacture and distribute medical devices, numerous lead time drivers are built into the business processes.
Here, it's not really the technology that keeps lead times long; rather, "it has to do with backlog and risk management, capacity planning, and plant-floor organization.
Lead time (LT) - time that elapses between placement of order and receipt of material.
CONTACT: Cathy Forsthoffer of Lead Time Technology, Inc.
Over time, customers will shift their focus on these dimensions, as they will expect better quality, service, price and lead time.
Breaking the molds into more pieces not only supports concurrent engineering, it may also allow more people to work on a tool at one time, shortening lead times still further.
While two previous studies suggested an average lead time ranging from three to five years, the results were based on subgroups of men who tend to have shorter lead times than the population as a whole, Etzioni says.
Another knock against cast components that reduced their utilization by airplane engineers was lead time.
There is very little room in which we can shorten our lead time.
The process has aided the conversion of several forged parts for cost and lead time reduction.
Part geometry and complexity are important factors in determining appropriate and timely tooling methods that are being monitored together with part-specific cost, lead time and dimensional capability data.
This unique technology, which yields nearly 100 percent accurate estimates of inventory stocking requirements for any lead time and desired service level, is being used by scores of companies with service parts operations, as well as industrial tools and capital goods manufacturers.
Reducing manufacturing cost and lead time are two key components in sustaining a company's livelihood - helping it achieve higher profitability, acquire business and ensure continued customer satisfaction.
We are able to maintain a one-week production cycle from order to casting and a six-week lead time from order to finished pump.
Responding to its customers, a benchmark investment caster builds a space age plant to dramatically cut lead time on quality castings.