Supply Chain Glossary - L

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lead time

1) A span of time required to perform a process (or series of operations). 2) In a logistics context, the time between recognition of the need for an order and the receipt of goods. Individual components of lead time can include order preparation time, queue time,

Laboratory Order Also Experimental Order
Labor Cost
Labor Efficiency
Labor Efficiency Variance
Labor Grade
Labor Ticket Also Labor Claim
Labor Usage Variance Also Labor Efficiency Variance
Labor Voucher Also Labor Claim
Laid Down Cost
LAN
Lap Phasing Also Overlapped Schedule
Late Finish Date (LF) Or LF
Lateness
Late Order Also Past Due Order
Late Start Date (LS) Or LS
Law Of Diminishing Marginal Returns
Layout
LBO
LCL
Leading Indicator
Lead Time
Lead Time Inventory
Lean Also Lean Production
Lean Manufacturing Also Lean Production
Lease
Leveling Also Resource Leveling
Level Loading Also Load Leveling
Level Production Schedule Also Level Schedule
Level Strategy Also Level Production Method
Leverage Capital Structure Ratio
Leveraged Buyout (LBO) Or LBO
LF
Licensing
Life Cycle Analysis
Life Cycle Costing
Life Testing
LIFO
Lightless Plant Also Dark Factory
Limit
Limited Liability Company
Limited Life Material
Limited Partnership
Linear Decision Rules
Linearity
Linear Layout
Linear Production
Line Item
Line Loading
Line Manager
Line Manufacturing
Line Of Credit
Liquidity
Liquidity Ratio
Listserve Also Listserver
Listserver
Live Load Also Available Work
Load Center Also Work Center
Load Profile
Load Projection Also Load Profile
Local Area Network (LAN) Or LAN
Local Measures
Location Audit
Locator File
Locator System
Logistics System
Log Normal Distribution
Long Term Planning
Loose Standard
Loss Leader Pricing
LOT
Lot Control
Lot Cost
Lot Number
Lot Number Traceability
Lot Operation Cycle Time
Lot Size
Lot Size Code
Lot Size Inventory
Lot Size Inventory Management Interpolation Technique Limit Or Limit
Lot Size System Also Fixed Reorder Quantity Inventory Model
Lot Sizing
Lot Splitting
Lot Tolerance Percent Defective (LTPD) Or LTPD
Lot Traceability
Lower Control Limit (LCL) Or LCL
Lower Specification Limit (LSL) Or LSL
LS
LSL
LTL
LTPD
Lumpy Demand Also Discontinuous Demand