The amount of time between the recognition that an order needs to be placed and the arrival of the needed merchandise at the seller's store to be available for sale is referred to as
A) quick time.
B) an advanced shipping notice.
C) lead time.
D) float time.
E) supply chain conflict time.

Question

Quizplus · Accepted Answer

Lead time encompasses the entire process from recognizing the need to place an order to the arrival of the merchandise at the seller's store, including production, transportation, and other factors that impact the time it takes to get the product to the store. A is not a common term in supply chain management, B refers specifically to the notification of a shipment, and D and E are not industry terms.

The Amount of Time Between the Recognition That an Order