Supply Chain Management: Definitions and explanations page 3 PDF | Download eBooks
Learn supply chain management terms with definitions and explanations, SCM terminologies (Page 3) for MBA degree programs.
- What is ISO 14000?
These standards are described by the international organizations for the firms related to the improvement of ... - What is ISO 9000?
Standards published by the international organizations to describe, establish and perpetuate an efficient quality assurance system ... - What is Cost of quality (COQ)?
It tells the organizations about the cost of the resources that are used for the activities ... - What is Total quality management (TQM)?
The long term success with the help of customer satisfaction by participation of all the members ... - What is PDCA?
This is also known as shewhart cycle and this cycle is used by the organizations to ... - What is Six Sigma?
This technique used by the organizations to increase customer satisfaction by lowering their overall cost and ... - What is Employee empowerment?
Now a day's organizations avoid hierarchical structure in their departments and engage their employees in daily ... - What is Quality circle?
Organizations make quality circles which mean the group of employees who have done similar tasks and ... - What is Benchmarking?
Organizations measure the performance of their products and services against other organizations with the help of ... - What is Quality robust?
When the product quality control starts for the end product the robust quality can control all ... - What is Target-oriented quality?
Organizations that are very keen about their product quality always target those products that are acceptable ... - What is Quality loss function (QLF)?
According to this concept the product cost goes on increasing as it moves far away from ... - What is Cause-and-effect diagram?
This diagram is also known as the fishbone diagram. the firm's use this diagram examines the ... - What are Pareto Charts?
It is called bar graph that represents the cost or frequency with money or time and ... - What are Flowcharts?
This type of diagrams or charts used by those organizations that are involved in industrial projects ... - What is Statistical process control (SPC)?
Organizations use this methodology to measure and control quality during the process of manufacturing. the data ... - What are Control Charts?
Firms used this graph to study the change in process over the time. in time order ... - What is Inspection?
Inspection is done by the organizations when the manufacturing of product is done. the inspection is ... - What is Source inspection?
It is inspection of quality of product in which the consumer required to check quality before ... - What is Poka-yoke?
This term refers to the mistake proofing and it is a japanese term that helps in ... - What is Checklist?
Organizations when decided to start a project they made a complete checklist of all required things ... - What is Attribute inspection?
Attributes are characteristics of any project that defines the quality and specification of the product. attribute ... - What is Variable inspection?
Organizations use variable inspection to specify one or two tolerance limits in their inspection plan for ... - What is Service recovery?
Organizations use this to recover their customers by solving their problems by converting them into loyal ... - What is SERVQUAL?
Research instrument used by the firms to cater customer expectations and their perceptions regarding the product ... - What is Statistical process control (SPC)?
Organizations use this method to monitor and control the processes. it helps in measuring the efficiency ... - What is Control chart?
Control chart, otherwise called shewhart graphs or procedure conduct outlines, are a factual procedure control apparatus ... - What are Natural Variations?
Organizations when launch the new product always focus on the natural variations such as wars, strikes ... - What is Assignable Variation?
When the product faces any variation with the design specification, the reason for this is the ... - What is X Chart?
Firms use this chart to measure or monitor the arithmetic mean of selected successive data that ... - What is R Chart?
This chart always shows the ranges of sample like the difference of smallest and largest values ... - What is Central Limit Theorem?
Selection of large sample size from the selected population with very finite number of variance. the ... - What is P Chart?
It is also known as attributes control chart used by the firms to collect data in ... - What is C Chart?
The collection of data in this technique is little bit opposite to the p-chart because in ... - What is Run Test?
Run test is used by the organizations to examine the occurrence of data string from the ... - What is Process Capability?
Process is the procedure of conversion of inputs into outputs by consuming resources and moving through ... - What is Cp?
It is the calculation of tolerance ratio or (upper limit-lower limit) specification limits that are divided ... - What is C pk?
Equation for this is [minimum (mean-lsl, usl -mean)]\ (0.5*nt). if the standard deviation is smaller the ... - What is Acceptance Sampling?
This sampling technique is used to determine the production acceptance and rejection of material that is ... - What is Operating Characteristic (OC) curve?
It depicts the acceptance of sampling procedure by the discriminatory power. further organizations plot the probabilities ... - What is Producers Risk?
Rejection of good product as a bad one by the customers. sometimes consumers reject the good ... - What is Consumers Risk?
Potential risk that is found in all consumer oriented services and products. this is done when ... - What is Acceptable Quality Level (AQL)?
It is considered as the worst tolerance level according to the iso 2859-1. the main purpose ... - What is Lot tolerance Percentage Defective (LTPD)?
The ltpd of an inspecting plan is the degree of value routinely dismissed by the testing ... - What is Type I Error?
Type i error happens when the null hypothesis is valid, yet is rejected. it is declaring ... - What is Type II Error?
A type ii error happens when the null hypothesis is not correct, yet incorrectly neglects to ... - What is Average Outgoing Quality (AOQ)?
The normal active quality point of confinement (aoql) speaks to the greatest %defective in the active ... - What is Process Strategy?
Procedure systems are intercessions that are made to make the best out of a business utilizing ... - What is Process Focus?
There are organizations whose principle activities rely upon explicit offices for it to stream without intricacy. ... - What are Modules?
A module over a ring is a speculation of the idea of vector space over a ... - What is Repetitive process?
Tedious assembling (rem) is the generation of merchandise in quick succession. goods that are made through ... - What is Product focus?
Item center is a way to deal with business that characterizes technique, tasks and measurements as ... - What is Mass customization?
Mass customization is the new wilderness in business for both assembling and administration enterprises. at its ... - What is Build-to-order (BTO)?
Work to arrange (bto) and here and there alluded to as specially make or specially made ... - What is Postponement?
Inside store network the board (scm), deferment is a conscious activity to postpone last assembling or ... - What is Crossover chart?
A hybrid is utilized by a specialized investigator to gauge how a stock will perform soon. ... - What is Flexibility?
Volume adaptability, characterized as the capacity to adequately increment or reduction total generation in light of ... - What is Flowchart?
The flowchart demonstrates the means as boxes of different sorts, and their request by associating the ... - What is Time-function mapping (or process mapping?
A unique type of the stream graph is the time work map. it comprises of a ... - What are Process Charts?
The graphing of work processes, working procedures, frameworks and systems is a valuable method for account ...