A lead time is the amount of time taken in fulfilling a process, from the start to the end. In the context of logistics, the lead time is the planned time from pick-up to delivery.
Companies work to reduce lead time in order to streamline operation and to create customer satisfaction. In the case of logistics, the reduction of lead time provides speedy delivery to customer order.
A lead time is the amount of time spent from the start of a process till the conclusion.
