approval lead time

The time interval between the initiation and completion of a process, for example the duration from placing an order to the delivery of the goods.

The time elapsed between the initiation of an order or request and the actual delivery or fulfillment of goods or services within the supply chain.

Lead time is the time interval between placing an order for a product and its arrival at the destination or its availability in stock.

The time span required to obtain an approval within a process or supply chain, measured from the submission of the request to the formal approval.

A KPI measuring the efficiency, quality, and speed of the approval process for documents, permits, or orders within logistics and supply chain, includ...

An ideal condition in logistics where the time between ordering and receipt of goods is effectively zero. Orders are fulfilled immediately, resulting ...