Takt Time vs Cycle Time vs Lead Time | Definitions and Calculations
With IIoT, digital transformation, and the next industrial revolution underway, some resources make technology adoptions sound easy. Meanwhile, many are still confused about terms such as takt times, lead times, and cycle times. The following will explain the difference between these time metrics, the formulas behind them, how to calculate each, and how they can improve or hurt production. What’s the difference between Takt Time, Cycle Time, and Lead Time? Lead time is...
/ May 26, 2020