What does lead time mean?
Lead time is a time indication from the beginning to the end of a specific process.
Process owners are expected, among other things, to optimally align all processes in the entire chain. They do this by translating the interrelationships between the processes into standards. For instance, for lead times, but also for the quality to be delivered.
The actual performances in the entire chain are continuously compared with the standards and analyzed for improvement points.
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