Lead Time
Example
For example, a company that implements Lead Time strategies, like Reducing lead time improved the company's responsiveness to market demand., can see significant improvements in their business performance by streamlining workflows, enhancing productivity, and boosting overall profitability.
Definition
The time between the initiation and completion of a production process. This term is crucial in the Lead Time context as it helps businesses understand how to Lead Time in their operations, making it highly relevant for industries looking to optimize Lead Time processes.
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