5.3 key terms Flashcards

for minor (HL week)

1
Q

Benchmarking

A

The routine process of an organisation comparing its products, processes (operations) and performance to that of its competitors or its own historical standards or measures.

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2
Q

Cradle to cradle (C2C)

A

This lean approach to waste management involves design and manufacturing that is sustainable and waste-free. All material inputs can be recycled or reused or are consumable or compostable.

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3
Q

Efficiency

A

This means using resources more productively, in order to generate more output.

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4
Q

Just-in-case (JIC)

A

This is a stock control system that requires businesses to have large quantities of stock, in the event that it is needed for an unexpected order or in case there is a problem with the supply chain.

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5
Q

Just-in-time (JIT)

A

This is a lean method of stock control whereby materials and components are scheduled to arrive precisely when they are needed in the production process.

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6
Q

Kaizen

A

The Japanese process and philosophy of lean production that involves making continuous improvements in small, incremental steps to in order to achieve greater efficiency.

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7
Q

Lean production

A

This is a philosophy, approach, or organisational culture about streamlining production processes in order to increase efficiency and reduce waste.

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8
Q

Quality

A

This means that a product is fit for purpose, i.e., the good or service meets or exceeds the needs of its customers.

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9
Q

Quality assurance (QA)

A

This is a lean approach to quality management as it involves all employees in the quality process.

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10
Q

Quality circles

A

Small groups of employees who meet on a regular basis to discuss quality issues and make recommendations to improve quality standards.

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11
Q

Quality control (QC)

A

The most traditional form of quality management in which a supervisor or inspector periodically checks and examines output for possible defects, usually at the end of the production process.

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12
Q

Quality standards

A

These are national and international benchmarks use for certifying quality assurance, verifying that the product has met certain minimum standards to meet the needs of customers.

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13
Q

Substandard output

A

This refers to the production of goods or provision of services that do not meet national or international quality standards.

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14
Q

Total quality management (TQM)

A

An approach to quality management that involves all workers having responsibility for maintaining quality standards throughout the production process.

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15
Q

Waste

A

Anything that prevents an organisation from being efficient or lean, such as defected products, stockpiling, and overproduction.

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16
Q

Zero defects

A

An aspect of lean production that focuses on preventing mistakes being made by getting things done right, first time round.