- The lead time is the delay applicable for inventory control purposes.
- This delay is typically the sum of the supply delay, that is, the time it takes a supplier to deliver the goods once an order is placed, and the reordering delay, which is the time until an ordering opportunity arises again.
- For an Amazon Vendor, this pertains to how much time or how many days are needed from when Amazon places a Purchase Order to when the Vendor can supply Amazon that product.