Definition
The degree to which the time between placing an order and receiving the goods fluctuates from one order to the next. Higher variability forces planners to hold more safety stock to maintain service levels. South African import lead times can vary significantly due to shipping schedules, port congestion and customs clearance.
Frequently asked questions
What is Lead Time Variability?
The degree to which the time between placing an order and receiving the goods fluctuates from one order to the next. Higher variability forces planners to hold more safety stock to maintain service levels. South African import lead times can vary significantly due to shipping schedules, port congestion and customs clearance.
Which glossary terms are related to Lead Time Variability?
Lead Time Variability is a supply chain & warehousing term in the South African import/export industry. Related terms in the same area include 3PL (Third-Party Logistics), 4PL (Fourth-Party Logistics), ABC Analysis, Bonded Logistics, Bonded Warehouse (SOS/OS) — each has its own plain-English definition in the TradeCaravan glossary.