What is lead time in SAP IS-ODS - SAP Order and Delivery Scheduling?

SAP Term: lead time

• Component: IS-ODS

• Component Name: SAP Order and Delivery Scheduling

• Description: The time between order and expected delivery of products.

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• Key Concepts: 
  Lead time is the amount of time it takes for a product or service to be completed from the moment an order is placed. In the context of SAP Order and Delivery Scheduling (IS-ODS), lead time is the amount of time it takes for a customer order to be fulfilled from the moment it is received. This includes the time it takes to process the order, manufacture the product, and deliver it to the customer. 
  
  How to use it: 
  Lead time can be used to determine how long it will take for a customer order to be fulfilled. This information can be used to plan production schedules, manage inventory levels, and ensure customer satisfaction. In SAP Order and Delivery Scheduling (IS-ODS), lead time can be calculated by entering the customer order details into the system and then running a lead time calculation. 
  
  Tips & Tricks: 
  Lead time calculations should take into account any potential delays that may occur during production or delivery. This includes delays due to weather, holidays, or other unforeseen circumstances. Additionally, lead times should be regularly reviewed and updated as needed in order to ensure accuracy and customer satisfaction. 
  
  Related Information: 
  Lead time is closely related to other concepts such as delivery date, production date, and inventory levels. Understanding how these concepts interact with each other can help businesses better manage their supply chain and ensure customer satisfaction. Additionally, understanding lead time can help businesses better plan their production schedules and manage their inventory levels.