Glossary
Lead time
Lead time is the period between placing an order and receiving the goods, including production and transport.
Where it appears in procurement
Lead time is compared against the required delivery date. A cheaper quotation with a lead time past the deadline is not the cheaper option.
Example
A quotation with a 45-day lead time cannot meet a delivery date 30 days away.
In Complyra
Delivery date is a structured quotation field on Complyra and delivery is one of the supplier ranking factors.