What is lead time in SAP PSM-FG - Functions for U.S. Federal Government?

SAP Term: lead time

• Component: PSM-FG

• Component Name: Functions for U.S. Federal Government

• Description: Number of days prior to the end date. Each process type can have different sets of lead times. For example, the expiration of probation can have 90-60-30 set of lead times while the step change can have 180-120-90 set of lead times. The lead times depend solely on the process type and not on the process subtype.

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• Key Concepts: 
  Lead time is the amount of time it takes for a product to be manufactured and delivered to the customer. In the context of the PSM-FG Functions for U.S. Federal Government component of SAP, lead time is used to calculate the estimated delivery date of a product based on the current production schedule and the customer's delivery requirements. 
  
  How to use it: 
  Lead time can be used to plan production schedules and ensure that products are delivered on time. In SAP, lead time is calculated by taking into account the current production schedule, customer delivery requirements, and any other factors that may affect the delivery date. The lead time calculation can then be used to determine when a product should be produced in order to meet the customer's delivery requirements. 
  
  Tips & Tricks: 
  When calculating lead time in SAP, it is important to take into account any potential delays that may occur during production or delivery. This will help ensure that products are delivered on time and that customers are satisfied with their purchase. Additionally, it is important to regularly review and update the lead time calculation in order to ensure accuracy and prevent any potential delays. 
  
  Related Information: 
  For more information about lead time and how it is used in SAP, please refer to the official SAP documentation on the topic. Additionally, there are many online resources available that provide detailed information about lead time and how it can be used in SAP.