lead time

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  • noun

Words related to lead time

the time interval between the initiation and the completion of a production process

References in periodicals archive ?
We are proud to establish shorter lead times for the V-Class portfolio to help our users reduce unplanned downtime and shutdowns, and give peace of mind when orders become time-sensitive," said Ryan Schuller-Rach, gear product manager.
NSK maintains an inventory of these standard stock ball screws, resulting in a lead time of about three days.
Further, STM highlights the very real cost of lead time variability by establishing real and achievable baselines, increasing visibility, attacking latent activities, and synchronizing supply chain processes.
The research on the uncertainty lead time bias on MRP approach used lot-for-lot or periodic order quantity for ordering the products.
In another report by Forbes, while the lead times may have been expected this is actually better than anticipated previously.
When the lead time to manufacture the product and fill the customer's order is greater than the customer's order placement to delivery lead time, the product provider must fill the order from inventory.
Understanding all Components of Order/Delivery Lead Time
Here, the obvious theoretical question becomes: "If you can deliver 50 molds per year, then why is your lead time longer than a week?
Shaving lead times is becoming critical to success and survival," says Greg Foss, tooling engineer at Miniature Tool and Die, a molder and moldmaker in Charlton, Mass.
The beneficial performance characteristics are simplified planning and scheduling[7], lower setup and holding costs[8,9], lower safety stock[10,11], reduction of vendor lead time uncertainty[12] and order quantity economies[13,14].
Lead time incorporates the other dimensions of quality, customer service and price.
Casting the hull section would reduce the lead time by half and eliminate most of the machining, but the question remained as to whether the section would find success as a converted cast component.
1] split the lead time into two parts: waiting time of kanban and processing time.
Since the launch of this premium service one year ago, we have doubled the number of terminals in the network and significantly improved our lead time.
While Benton Foundry has lost seine business to overseas foundries, Hall says that a majority" of it has started to come back due to quality and lead time issues.