Unit 3 Flashcards
What is production
The action of making or manufacturing from components or raw materials
What is Job production
Job production is where one single product is made at a time
what labour intensive means
The term “labor intensive” refers to a process or industry that requires a large amount of labor to produce its goods or services.
What is flow production
Flow production uses production lines with continuos movements of items through the process
what capital intensive means
lots of machinery and robots
Whatis JIT and suppliers
To make JIT work the manufacturer needs to have excellent working relationships with their smaller parts suppliers
What is procurement
Procurement is the process by which businesses buy raw materials, component, products, services, and other resources from suppliers to produce their own products and services.
What is logistics
Logistics is the activity of transporting goods to customers
What is supply chain
A supply chain is all the businesses which provide parts of the product until it gets to the consumer
Outsourcing examples:
Production
Payroll
Purchasing
Delivery