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Science

Parent PSupply Chain Glossaryage

Purchasing Lead Time (PLT)

    Purchasing Lead Time (PLT)


    Purchasing Lead Time (PLT):Purchasing lead time is the amount of time that elapses between the decision to purchase a good or service and the actual receipt of the good or service. PLT can be affected by a number of factors, including supplier lead time, delivery time, and any necessary inspection or approval processes.

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