Supply Chain Glossary

Glossary  >  L  >  Lead Time  


 

Lead Time


Source: Procurement Glossary
Author: Paul Rogers
Institute: CIPS - UK

Courtesy of


 

Lead-time is the interval between the initiation and completion of a process.  For example, the lead-time between the placement of an order and its delivery from the supplier is the most common lead time used in procurement. Reducing lead-time is an integral part of lean thinking and some supply chains have been configured to create rapid setup and small runs so that production can occur quickly in response to an order that pulls materials through the supply chain.  See also Demand, Pull and Lean Thinking.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 




Job Opportunities
 
Inventory Planner
     
     Geneva  -  PERM  -  Michael Page

Addetto/a Ufficio Spedizioni - Lugano
     
     Lugano  -  PERM  -  Page Personnel

Buyer - Lugano
     
     Lugano  -  PERM  -  Page Personnel

European Procurement Graduate Programme, 30k, London - Essex
     
     United Kingdom  -  Essex, England  -  PERM  -  1st Executive

Operations Manager
     
     United Kingdom  -  Greater Manchester  -  PERM  -  Cast UK

Procurement Director - Medical Consumables
     
     United Kingdom  -  East Midlands with flexible working arrangements  -  PERM  -  Cast UK

Warehouse Shift Manager
     
     United Kingdom  -  North London  -  PERM  -  Cast UK

Supply Chain & Logistics Analyst - Food service
     
     United Kingdom  -  City of London  -  PERM  -  Michael Page

Procurement CAPEX Buyer
     
     United Kingdom  -  Leeds  -  PERM  -  Michael Page

Senior Category Manager - Logistics
     
     United Kingdom  -  London  -  PERM  -  Beaumont Select

Transport Shift Manager
     
     United Kingdom  -  North London  -  PERM  -  Cast UK

Senior Logistics Manager
     
     United Kingdom  -  South East England  -  PERM  -  Michael Page

Category Manager - Transport/ Fleet
     
     United Kingdom  -  Warwick  -  PERM  -  Procurement People

Indirect Category Manager
     
     United Kingdom  -  Glasgow  -  PERM  -  Michael Page

Procurement or Contract Specialists, Up to 43k, remote
     
     United Kingdom  -  Leeds, West Yorkshire  -  PERM  -  1st Executive

 

Supply chain E-learning



Explore available supply chain e-learning modules by language and academy



News & Trends
 

Last update 12 Sep 2021
PMI eases to six-month low as supply chain issues constrain output growth
   Source: J.P.Morgan Global Manufacturing PMI   -  IHS Markit



Retail

The retail sector is always on the move. Whether this involves shopping centres, shops in inner city locations or at airports – trends change very quickly and the goods change just as rapidly too. To keep up with these developments, highly complex and process driven supply chains are needed. With our...

Insights from the 2021 Logistics Executive Survey: The New Normal of Logistics

Our recently launched 2021 Logistics Executive Survey aims to seek out the “New Normal of Logistics.”  The survey tracks the pulse of the market as logistics operations are emerging from the COVID-19 ...


Education
 

Resources
 
HOYER: Future-Proofs System for Managing Intermodal Rail, Road, and Sea Transport to Meet High Growth Potential

HOYER is an independent family enterprise that dates back to 1946, and which has become one of the world’s leading bulk-logistics providers, offering comprehensive transport services and complex logistics soluti...

Digitalisation in Procurement and Supply CIPS and The University of Melbourne

The Chartered Institute of Procurement & Supply Australasia (CIPS) has been working with the University of Melbourne on a new paper about the digitilsation of supply chains, and how digital can increase efficiency...