Lead Time
This term can be used in various situations. Lead time gives an idea of the time it takes for a product from its initial phase to delivery. Therefore, when applied to a production reality, throughput time is the time that elapses between the arrival of raw materials and the completion of the finished product. If, on the other hand, we evaluate customer lead time, we can define it as the total time a customer must wait to receive a product after ordering it.
