Cycle time is the time it takes to complete one cycle of a process. Lead time is the time it takes to complete the entire process.
Cycle time is the time it takes from when a customer initiates an order to when the customer receives the product. Lead time is the amount of time it takes from when an order is placed to when the product arrives at the customer.
Cycle time is the time it takes to complete one cycle of a process. Lead time is the time it takes to complete a process from start to finish.