SCM Flashcards
Lean
a way to eliminate waste through a focus on exactly what the customer wats
Lead/Cycle Time
time required for a product to move though a process from start to finish
Processing Time
time it takes the employee to go through al of their work elements before repeating them
Value-Added
transforms, customer wants it
Non-Value Added
create no value in the eye of the consumer, pure waste
Non-Value Added- Necessary
no value, but cannot eliminate (required)
Waste
anything that does not add value
Inventory
material or information that is waiting for processing
Over Production
producing more information or product than the ultimate customer requires
Waiting
time spent waiting on items required to complete a task
Moving Items
transporting, temporary locating, filing, stocking, etc.
Over Processing
effort and time spent processing information or material that is not adding value
Unnecessary Movement
any motion that does not add value to the product or service
Defects
repairing/reworking/scrapping material or information
Behaviors
not questioning the process
JIT Patnerships
exist when a supplier and purchaser work together to remove waste and drive down costs
5 Ss:
Sort/Segregate Simplify/Straighten Shine/Sweep Standardize Sustain/Self-Discipline
2 Extra Ss:
Safety Support/Maintenance
Sort/Segregate
when in doubt throw it out
Simplify/Straighten
methods analysis tool
Shine/Sweep
clean daily
Standardize
remove variations from processes
Sustain/Self-Discipline
review work and recognize progress
Safety
built in good practices
Support/Maintenance
reduce variability and unplanned downtime
Kanban
(Jap) card- authorization for the next container of material to be produced
of Kanbans (containers)
Demand during lead time + Safety Stock/ Sizer of Container
TIM WOOD + B
Transportation
Inventory
Movement Unnecssary
Overproduction
Over Processing
Defects
Behavior
Objective of Location
MAXIMIZE the benefit of the location to the firm
Tangile Costs
easily measured costs such as utilities, labor, materials, taxes
Intangible Costs
Less easy to quantify and include education, public transportation, quality of life
