Procurement & Supply Chain / Planning
Lead Time LT (aliases: order lead time, purchasing/replenishment lead time, cumulative lead time, P-time)
The elapsed time between asking for something and having it available to use.
The fork, why two teams get different numbers
Whose lead time, and which clock-start.
In the Metric Library
- The full fork, both definitions worked all the way through
- The trap that makes the number lie, on a real export
- Every formula variant, spelled out
- The reconciliation anchor, what to tie it to and when to refuse
Reference: APICS/SCOR (Order Fulfillment Cycle Time, RS.1.1) · ISM