Inventory Lead Time is a measure of the amount of time that elapses between when an item is ordered and when it arrives in your warehouse. It’s an important metric for businesses, as it reveals how efficient their supply chain operations are. For example, if you have an inventory lead time of 5 days, that could mean you’re losing out on potential sales because customers don’t want to wait that long for their orders to arrive. On the other hand, if you can reduce your inventory lead time, you may be able to increase sales and profits. By taking control of this metric, you’re ensuring your business has the right product on hand at the right time – allowing you to maximize revenue and customer satisfaction.