Lead Time: Definition, How It Works, and Example

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Today, we will talk about lead time. Lead time measures how long it takes to complete a process from beginning to end, and it is an important concept in manufacturing and supply chain management. From reducing lead time and calculating it to understanding its impact on the supply chain, lead time is crucial for companies to consider. In this video, we will explore the types of lead time, various factors affecting lead time, and real-life examples that demonstrate how lead time works in different scenarios.
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