lead time

lead time
lead times
1) N-COUNT Lead time is the time between the original design or idea for a particular product and its actual production. [BUSINESS]

They aim to cut production lead times to under 18 months.

2) N-COUNT Lead time is the period of time that it takes for goods to be delivered after someone has ordered them. [BUSINESS]

Lead times on new equipment orders can run as long as three years.


English dictionary. 2008.

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  • lead time — ➔ time * * * lead time UK US noun [C] COMMERCE ► the time it takes after receiving an order to deliver the goods or services to a customer: »The result of this new approach is a shorter lead time and lower costs …   Financial and business terms

  • lead-time — (lēdʹtīm ) n. 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. * * * …   Universalium

  • lead time — [ lid ,taım ] noun count or uncount the time between planning something and starting to do it: Local firms learned how to reduce lead time by 75 95% while still reducing costs …   Usage of the words and phrases in modern English

  • lead time — [ˈli:d taım] n [U] the time that it takes to make or produce something …   Dictionary of contemporary English

  • Lead time — A lead time is the period of time between the initiation of any process of production and the completion of that process. Thus the lead time for ordering a new car from a manufacturer may be anywhere from 2 weeks to 6 months. In industry, lead… …   Wikipedia

  • Lead Time — The amount of time that elapses between when a process starts and when it is completed. Lead time is examined closely in manufacturing, supply chain management and project management, as companies want to reduce the amount of time it takes to… …   Investment dictionary

  • lead time — noun The amount of time between the initiation of some process and its completion, e.g. the time required to manufacture or procure a product; the time required before something can be provided or delivered. Its an excellent device, but it has a… …   Wiktionary

  • lead time — /leed/ 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. Also, lead time. [1940 45, Amer.] * * * …   Universalium

  • Lead time bias — Lead time is the length of time between the detection of a disease (usually based on new, experimental criteria) and its usual clinical presentation and diagnosis (based on traditional criteria).Lead time bias is the bias that occurs when two… …   Wikipedia

  • Lead time bias — Beim lead time bias handelt es sich um einen Fehler (engl. bias, Verzerrung), der bei Studien zur Krebsfrüherkennung eine Rolle spielt. Er beschreibt eine nur scheinbar verlängerte Überlebenszeit bei Vorverlegung des Diagnosezeitpunkts verglichen …   Deutsch Wikipedia

  • lead time — noun Date: 1944 the time between the beginning of a process or project and the appearance of its results …   New Collegiate Dictionary

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