Lead Time Kanban is an official business term that is used to describe the process of managing the flow of goods and services. It is a system that helps to optimize the production process by providing visibility into the production cycle and helping to reduce waste. Lead Time Kanban is based on the principles of Just-in-Time (JIT) production, which is a system of production that focuses on reducing the amount of time it takes to produce a product or service. The system works by creating a visual representation of the production process, which helps to identify areas of waste and inefficiency. Lead Time Kanban also helps to reduce inventory costs by ensuring that the right amount of materials are available when needed. By providing visibility into the production process, Lead Time Kanban helps to reduce lead times and improve efficiency.