The process of developing a strategic plan.
Reference: APICS Dictionary.
A clear, complete and accurate statement of the technical requirements of a material, an item, or service, and of the procedure to determine if the new requirements are met.
The functions within a company that add value to the goods or services that the organization sells to customers and for which it receives payment.
A business that takes title to products and resells them to final consumers.
A production environment where products can be and usually are finished before receipt of a customer order. Customer orders are typically filled from existing stocks, and production orders are used to replenish those stocks.
A complete supply chain dedicated to the reverse flow of products and materials for the purpose of returns, repair, remanufacture, and/or recycling.
Reference: APICS Dictionary
The business functions of procurement planning, purchasing, inventory control, traffic, receiving, incoming inspection, and salvage operations.
A technique for calculating operation start dates and due dates. The schedule is computed starting with due date for the order and working backward to determine the required start date and/or due dates for each operation.
The rate of production usually expressed in units, cases, or some other measure, expressed by a period of time (e.g., per hour, shift, day or week). Syn. Production level.
A time-boxed set of activities carried out by the cell team during the week of cell implementation. The kaizen event is an implementation arm of a lean manufacturing program.
See also: Kaizen Blitz.
Want to learn more?
APICS Anaheim has many different courses that advocate and teach more about kaizen events. Whether you're looking to further your career or learn techniques that will advance your skill set, visit the courses below and find the APICS course that meets your needs.