Summary: We lean thinkers love to talk about time!  There's takt time, cycle time, and lead-time.  Oh, and don't forget about value added time and its nemesis non value added time. The good news is it doesn't have to be so hard.  In this podcast we bring clarity to the situation by clearly explaining what several of the most popular times are and how they are either measured or calculated; To play the podcast please click the play button at the top of this post or download the MP3 file by clicking here. And for those that prefer to read you can download a PDF transcript by clicking here. In this episode you'll discover: The difference between cycle time, lead time, and takt time Which measures of time are measured and which measures of time are calculated What inventory turns are and how they can be calculated Podcast Resources: Right Click to Download the MP3 Right Click to Download a Written Transcript Please Subscribe to this Podcast If you enjoyed this podcast please be sure to subscribe on iTunes.  Once youâre a subscriber all new episodes will be downloaded to your iTunes account and Smart Phone. CLICK HERE to subscribe to the LSS Academy podcast. What Do You Think? What other measures of time have you worked with?  And how does your computer go about calculating things such as inventory turns?
