Definition, Meaning & Synonyms

lead-time

Noun

/ˈliːd taɪm/

Definition

The amount of time between the start of a process and its completion.

Examples

The lead-time for manufacturing the new product is estimated to be three months.
We need to account for lead-time when placing orders to ensure timely delivery.
The project’s lead-time was extended due to unforeseen circumstances.

Meaning

Lead-time refers to the time required to complete a task after it has been initiated, often used in production and project management to describe the delay before a process can commence or before an order is delivered.