What is 'lead time' in SAP SCM-ICH-IMO - Inventory Monitor?

lead time - Overview

• Component: SCM-ICH-IMO

• Component Name: Inventory Monitor

• Description: Planned time interval between the shipping of a delivery in the ship-from location and the expected time of arrival at the location receiving the delivery customer or ship-to location.

lead time - Details

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  Key Concepts: 
  Lead time is the amount of time it takes for a product to be delivered from the moment an order is placed. In SAP's Inventory Monitor component of the Supply Chain Management (SCM) module, lead time is used to calculate the expected delivery date of an item. 
  
  How to use it: 
  In SAP's Inventory Monitor, lead time is used to calculate the expected delivery date of an item. This calculation is based on the lead time of the item, which is determined by the supplier and entered into the system. The expected delivery date can then be used to plan and manage inventory levels. 
  
  Tips & Tricks: 
  It is important to ensure that lead times are accurate and up-to-date in order to ensure that inventory levels are managed effectively. It is also important to consider any external factors that may affect lead times, such as weather or other delays. 
  
  Related Information: 
  Lead time can also be used in other areas of SAP, such as production planning and scheduling. It can also be used to calculate the expected completion date of a project or task.