Module 4 Flashcards
1
Q
VCA
A
Manufacturing process relates to operations component
lean
2
Q
kaizen
A
cost efficiencies
setting targets and budgets
lean
3
Q
catchball
A
passing of responsibilities
lean
4
Q
Kanban
A
Only producing more products when needed
lean
5
Q
ISO9001
A
Certification can be considered in some buyers procurement process
quality control
6
Q
six sigma
A
failure rates
7
Q
the 5 whys
A
ask why 5 times
8
Q
Examples of direct distribution
A
Operating as a retailer
Securing a concession
9
Q
Cost leadership
A
Drive down expenses
10
Q
Triple bottom line
A
People
Planet
11
Q
Market disruption
A
Not intentional
May respond by exiting market and refocusing elsewhere
