What is lead time in SAP SCM-APO-PPS - Production Planning and Detailed Scheduling?

SAP Term: lead time

• Component: SCM-APO-PPS

• Component Name: Production Planning and Detailed Scheduling

• Description: Time span between the start date of the first activity in an order and the finish date of the last activity in that order.

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• Key Concepts: 
  Lead time is the amount of time it takes to complete a process from start to finish. In the context of SAP's Production Planning and Detailed Scheduling (PPS) component, lead time is the amount of time it takes to produce a product or service from the moment it is ordered until it is delivered. It includes all activities such as procurement, production, and delivery. 
  
  How to use it: 
  Lead time can be used to plan production and delivery schedules. It can also be used to determine the optimal inventory levels for a given product or service. Lead time can be calculated by taking into account the various activities involved in producing and delivering a product or service, such as procurement, production, and delivery. 
  
  Tips & Tricks: 
  It is important to accurately calculate lead time in order to ensure that production and delivery schedules are met. To do this, it is important to consider all activities involved in producing and delivering a product or service, such as procurement, production, and delivery. Additionally, it is important to consider any external factors that may affect lead time such as supplier delays or changes in customer demand. 
  
  Related Information: 
  Lead time is an important concept in supply chain management and is closely related to other concepts such as inventory management and capacity planning. Additionally, lead time can be used in conjunction with other tools such as forecasting and simulation to optimize production and delivery schedules.