The time value of money never has been so intuitively obvious than in lead times: the lead time to produce, lead time to order, lead time to replenish inventory, lead time to acquire product from foreign providers, lead time of suppliers, lead time for product development and approval, lead time for FDA approval, etc.
What does L/T stand for?
L/T stands for Lead time (product delivery)
This definition appears very frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of L/T
We have 55 other meanings of L/T in our Acronym Attic
- Licensed by Royalty (Japanese TV series)
- Life Raft
- Lecithin/Sphingomyelin (fetal lung surfectants)
- Litres per Second (air conditioning)
- Long/Short Equity (investment strategy)
- Low Sulfur (diesel fuel designation)
- Lumbar Spine (anatomy)
- Lump Sum
Samples in periodicals archive:
The lead time until product delivery is also important, as any time not needed for manufacturing or distribution can be used to revisit the sourcing decision to ensure the overall best location is selected.
The lead time for producing a tool including a CAD model varies from tool to tool, but it is often in the order of 10 to 12 weeks.
We are able to cast, machine, and subassemble with short lead times--currently producing to release on a three week lead time basis-with total reject of less than 0.