Definition
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.
In Context
- "It's an excellent device, but it has a 10-week lead time, so be sure to order it in advance."
- "With long lead times in timetable planning WMT [West Midlands Trains] has stated that the earliest it can recast the timetable will be May 2020."
See Also
- critical path
- turnaround time