Lead Time is the total time a customer must wait to receive a product after placing an order. When a scheduling and production system is running at below capacity, lead time and throughput time is the same. When the demand exceeds the capacity of a system, there is additional waiting time before the start of the scheduling and production, and lead time exceeds throughput time.
Get in touch and speak with a Visual Management Specialist to answer any questions you may have on our products, consultancy or business.
Is your business achieving its full potential? Clarity offers a proven approach to help your business achieve its vision. Book now!