Minimizing is key to maintaining a competitive edge: it leaves competitors insufficient time to introduce their own products first. iss can contribute significantly to this effort.
lead time
market time
production time
tracking time

Lead time

Explanation:

 Minimizing the lead time is one of the key to maintain the competitive edge. Lead time is basically defined as the time period between production of the product to the product are get manufactured in the market. It is also known as time to market.

it basically gives competitive edge when the lead time is reduced over the other products with the high lead time.

The main advantage of the lead time is to make reduce the lead time so that the organization can provide the fastest and reliable delivery of products and services.