procurement lead time


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Related to procurement lead time: administrative lead time, production lead time

procurement lead time

[prə′kyu̇r·mənt ′lēd ‚tīm]
(ordnance)
The time elapsing between the initiation of procurement action and the receipt into the supply system of the materiel procured.
References in periodicals archive ?
This year's review will highlight new metalcasting technologies addressing the Defense Logistics Agency's procurement process to eliminate backorders, reduce procurement lead times, enhance part quality, and ensure a reliable U.S.
According to its study, steel costs rose 14% over that period, and there was no change in procurement lead times after the first quarter of the year.
If the provision is adopted, the Coalition said, "Buying from schedules would be similar to making an open market purchase in terms of extended procurement lead times, longer evaluations, and, inevitably, increased protests."
If overseas contracting officers had US firms on their source lists, additional costs for express mail and time for receipt and submission of proposals would further extend procurement lead times. By utilizing the SIP, these printing and delivery costs are avoided and the time for offero rs to receive solicitation packages is reduced.
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