Examlex
Software developers can use CASE tools at different stages of the software development processes.
Safety Stock
Extra inventory kept in reserve to mitigate the risk of stockouts due to fluctuations in supply and demand, serving as a strategic insurance against variability in lead times.
Lead Time
The total time that elapses between the initiation and completion of a process, such as from placing an order to delivery of a product.
5Ss
refers to a workplace organization method that uses a list of five Japanese words: seiri, seiton, seiso, seiketsu, and shitsuke, translating to sort, set in order, shine, standardize, and sustain.
Kanban Size
Refers to the quantity of work or inventory items that a Kanban card or signal controls in a Kanban system, aiming to optimize workflow and reduce waste in a pull-based production system.
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