Examlex
The just-in-time system emphasizes that customer demand is the most important factor in determining how much product to manufacture.
Lean Enterprise Management
An approach focusing on reducing waste within manufacturing systems while simultaneously maximizing productivity and creating value for the customer.
Theory Of Constraints
A management philosophy focusing on identifying and managing bottlenecks that limit the performance of a system.
Supply Chain
A network of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.
Procurement
The process of finding, acquiring, and buying goods, services, or works from an external source, often via tendering or competitive bidding processes.
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