efficiency and competitiveness Flashcards

1
Q

quality

A

quality improve brand image and customer loyalty and increase revenue and cut costs

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2
Q

total quality management

A

every department is responsible for it’s own quality in each stage of production

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3
Q

advantages of tqm

A
  • all aspects of quality in business are considered
  • cost of poor quality illuminated by getting it right first time
  • clear focus on customer needs which AIDS competitiveness
  • provide the positive and motivating working environment
  • make the best use of Talent in workforce
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4
Q

disadvantages of tqm

A
  • making business may be slow
  • maybe seem to focus too much on processes and not the final product
  • too much leadership given to workers who lacked leadership skills
  • too much stress on workers demotivating- investment needed for training and disruption of Change
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5
Q

just in time

A

relies on customers demand to put resources into production process
reducing waste

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6
Q

kaizen

A

improvement to Quality this Focuses on getting the product right first time with no defects this saves time money and waste resources are kept into minimum

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7
Q

kanban

A

used to track products and raw materials to the production process and Trigger production of more parts to be delivered

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8
Q

advantages of jit

A
  • production of storage costs limits waste and Warehouse in space
  • working capital is freed up can be used elsewhere
  • unsaleable for ducks or Not Over produced
  • production can be responsive to demand make products me customer needs cutting time taken to manufacture and deliver
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9
Q

disadvantages of Jit

A
  • the system depends on reliability of suppliers
  • just in time requires involvement of everyone in the business this can be costly
  • without buffer stock business may be unable to respond to large increases in demand
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