Order Lead Time (OLT) is a term used in business to define the amount of time it takes an order to progress, from the moment it is placed until the moment it is fulfilled. By understanding and properly managing OLT, businesses can gain an edge over their competitors and build relationships with customers. OLT also allows businesses to improve production planning, stocking procedures and quality control, which are all essential for successful operations. With the right tools and processes in place, businesses can optimize their Order Lead Time and increase customer satisfaction while simultaneously increasing their bottom line.