Examlex
Assimilation is the process by which immigrants come to be incorporated into their new society by taking on its cultural tastes and practices.
Lead Time
Lead time refers to the period between the initiation and completion of a process, such as the time taken from placing an order to delivery or the duration of manufacturing a product.
Reducing Wait Time
Strategies and measures implemented to decrease the amount of time customers or users wait for service or product delivery.
Reducing Inventory
The process of decreasing the amount of goods on hand, often to improve cash flow or reduce storage costs.
Lean Manufacturing
An approach to production that emphasizes waste reduction and efficiency to improve overall customer value.
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