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The weapons effect:
Mass Customization
A manufacturing approach that allows for the production of personalized goods at mass production prices by leveraging flexible processes.
Postponement Strategy
A supply chain strategy that delays the final assembly or customization of a product until the latest possible time to reduce inventory costs and respond to specific customer demands.
Time-function Mapping
A process analysis tool that visually represents a process's steps over time, helping identify delays, redundancies, and opportunities for improvement.
Flowchart
A drawing used to analyze movement of people or material.
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