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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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