Management
This project management document formally authorizes a project to proceed.
What is project charter?
This term refers to the waiting line customers form for service.
What is Queue?
This Japanese term means continuous improvement.
What is Kaizen?
This supply chain phenomenon occurs when customer demand creates a large fluctuation throughout the supply chain.
What is bullwhip effect?
This technology uses wireless tags to automatically identify and track inventory.
What is RFID?
This defines the overall objective and justification of a project.
What is a business case?
This operational issue occurs when a retailer cannot serve customers fast enough during peak hours.
What is bottleneck?
This quality guru is known for the 14 Principles of Management and continuous improvement philosophy.
Who is W. Edwards Deming?
This consumer behaviour occurs when people fear products may become unavailable.
What is panic buy?
This digital innovation allows customers to purchase products through online platforms.
What is e-commerce?
This diagram shows task dependencies and project flow using nodes and arrows.
What is network diagram?
This metric measures how quickly inventory is sold and replenished over a period.
What is inventory turnover?
This Japanese mistake-proofing concept prevents defects before they occur.
What is Poka-Yoke?
These disruptions involve trade restrictions, tariffs, political instability.
What are geopolitical disruptions?
This technology creates secure and transparent records of transactions across the supply chain network.
What is blockchain?
If a project keeps adding more deliverables, you are experiencing this problem.
What is scope creep?
This strategy is for a company to balance efficiency with flexibility by producing standard modules that can later be customized.
What is mass customization?
This manufacturing philosophy aims to eliminate waste while maximizing customer value.
What is lean manufacturing?
This logistics strategy transfers products directly from inbound trucks to outbound trucks without storing the goods in the warehouse.
What is cross-docking?
This blockchain advantage reduces the risk of fraudulent or counterfeit products entering into the supply chain.
What is supply chain traceability?
This project management approach is often associated with sticky notes, and daily stand-ups.
What is scum?
This quantitative model determines the optimal order quantity that minimizes ordering and holding costs.
What is economic order quantity (EOQ)?
This quality management standard is widely used globally for organizational quality system certification.
What is ISO 9000 or 9001?
This strategy involves moving production or sourcing closer to the end market to reduce dependency on distant suppliers and global disruptions.
What is nearshoring?
This technology uses digital overlays and wearable devices to support warehouse picking and maintenance operations.
What is augmented reality?