How to Determine Cycle Time, Takt Time, Lead Time

Vaibhav, a reader of Gemba¬†Academy’s blog, emailed us the following question. Can you please help me understand the definitions for the following terms?   1) Cycle Time 2) Manufacturing Lead Time 3) TAKT Time 4) Inventory Turns Your help to clear the definitions & formulas for the above is highly … Continue reading How to Determine Cycle Time, Takt Time, Lead Time