Examlex
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Mass Customization
A production strategy that combines the efficiency of mass production with the customization typically offered by bespoke services.
Value Stream Mapping
A lean management tool for analyzing the flow of materials and information currently required to bring a product or service to a consumer.
Time Function Mapping
A visual representation technique used in process improvement to analyze the flow of information or material through a process over time.
Supply Chain
The network of organizations involved in producing, delivering, and selling goods and services, from the acquisition of raw materials to the final consumer.
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