Chapter 4 Flashcards
Made up of nides and links
Networks
A stop that a product makes between raw materials and a customer
Node
Forms of transportation such as ships, railroad etc.
Links
To deliver maximum value at the lowest costs
Goal of supply chain
Changing in the links and nodes
Network optimization
Approach to network optimization is also an important part of lean professional’s toolkit
Value stream mapping
3 approaches to procurement
Lean
Theory of constraints
Six sigma
Originated as toyota also referred to as the toyota production system.
Lean
Muda
Mura
Muri
Waste
Unevenness in operations
Overburdening of people and equipment
Stakeholders are looking at how the process is working
Kaizen event
8 kinds of muda
Transportation
Inventory
Motion
Waiting
Overproduction
Overprocessing
Untapped skills and employee creativity
Defects
A muda that is consuming time and money
Transportation
Products sitting around
Inventory
Moving when it isnt necessary
Motion
Too much product
Overproduction
Waiting for one thing to happen before doing else
Waiting
Something that doesnt add value
Overprocessing