efficiency and competitiveness Flashcards
1
Q
quality
A
quality improve brand image and customer loyalty and increase revenue and cut costs
2
Q
total quality management
A
every department is responsible for it’s own quality in each stage of production
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
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
5
Q
just in time
A
relies on customers demand to put resources into production process
reducing waste
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
7
Q
kanban
A
used to track products and raw materials to the production process and Trigger production of more parts to be delivered
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
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