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TeachMeFinance.com - explain production lead time production lead time 'production lead time' is an military term. It means '(DOD) The time interval between the placement of a contract and receipt into the supply system of materiel purchased. Two entries are provided: a. initial--The time interval if the item is not under production as of the date of contract placement; and b. reorder--The time interval if the item is under production as of the date of contract placement. See also procurement lead time'. Previous 5 Terms: proclamation - procurement lead time procuring contracting officer producer countries_ production base _ Next 5 Terms: production logistics - profile program of nuclear cooperation prohibited area_ projected map display _ Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.