16.6 Key Terms
Key Terms
- Just-in-time (JIT) focuses on producing goods or services to meet customer demand only when they are needed.
- Kaizen: an incremental improvement in a process that might be small, but contributes to continuous improvement.
- Kanban: a tool used in different forms (card, bin, etc.) that prompts the flow of work at the time it is needed to increase efficiency and reduce work in progress.
- Lean control is a refined example of nonfinancial controls in action aimed at enhancing product and service quality while reducing waste.
- Lean manufacturing refers to the elimination of waste in the manufacturing process.
- Push System: A Traditional manufacturing system that emphasizes maximizing machine and labour utilization, assuming that keeping workers and machines constantly busy will lead to productivity and efficiency.
- Pull System: a production system where work flows to a work centre only when that centre needs more work (Just-In-Time).
- Value Stream Mapping (VSM): the process of analyzing processes, identifying value-adding activities, and eliminating non-value-adding activities or waste in order to increase productivity.
- Waste: any activity that does not add value for the customer, but is associated with the use of resources at a cost.
“9.6 Key Terms” from Fundamentals of Operations Management by Azim Abbas and Seyed Goosheh is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License, except where otherwise noted.
