MRP glossary TOP > P > Product Lead Time
Product Lead Time
It refers to the period of time taken from presenting the product sales plan for which the production planning is performed through sipping the product. This lead time can be obtained by accumulating paper lead time (the period to make up various plans) and all the lead time required to purchase or manufacture parts and raw materials necessary for production.
The lead time has the following specifications:
When paper lead time is 20 days, for example, the product lead time of the product shown in the figure is 34 days.
Related term: Lead Time
Reference:JIT Business Research Mr. Hirano Hiroyuki