Transport and logistics managers use lead time benchmarking in transport chains to compare their own transit times – from order acceptance to final delivery – against industry standards or competitor performance.
Source: https://cscmp.org/CSCMP/Educate/SCM_Definitions_and_Glossary_of_Terms/CSCMP/Educate/SCM_Definitions_and_Glossary_of_Terms.aspx
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