Lead time is defined as the total amount of time required to obtain a product, from purchase order to finished item. In other words, the lead time for a mold extends from the moment a purchase order is received by the moldmaker to the moment the mold is delivered to the company ordering the mold. A typical lead time today ranges from 12 to 16 weeks for an average mold.(This does not include time to debug the mold or try it out in a production environment.)
A lead time of 12 to 16 weeks may not seem like much to those who have been in the business a while. In fact, It is a great improvement over what prevailed before. In earlier days, the lead time may have been 36 weeks or longer. Nonetheless, In today’s competitive environment, lead time are critical because dictate when a product can get to its market.
So In our company, We can make offers during 1-2 days once inquiry is received. And 2D mould design during one week. 3-6 weeks for prototype molds(normal size) and 5-10 weeks for production molds(normal size). The total lead time is much faster.
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