2. Speed and overall industrial performance
2.1 Financial health
Physical lead-time is defined as the time elapsed between the moment the material is received and the moment the product is delivered to the customer. During this lead-time, materials can be in different states: material stock, work-in-progress, product stock (figure 4 ).
This lead-time determines a fundamental financial quantity for the company: the working capital requirement (Figure
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Speed and overall industrial performance
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