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It is a systematic approach to optimizing processes, products or services incrementally and consistently.
Continuous improvement.
They are a series of strategies focused on eliminating waste and maximizing customer value.
Lean principles
It is a management methodology focused on reducing defects and improving quality through statistical control
Six Sigma
It is the network of activities, resources, and organizations involved in the production and delivery of a product or service
Supply Chain management SCM
They are specific metrics used to measure a company's performance relative to its strategic objectives
Key Performance Indicators (KPIs)
It is the use of technology to perform operational tasks with minimal human intervention, improving efficiency and accuracy.
Process automation in operations
It is the process of evaluating the relationship between the resources used and the results obtained.
Productivity measurement
It is a production approach focussed on maximizing customer value while minimizing waste
Lean process
It is a sweet of tools and techniques designed to improve processes and eliminate variability in production
Six Sigma methodology.
It is a significant or emerging change in the practices or technologies used to optimize business operations
Trends in operational management.
It is the adjective used for a supply chain that optimizes resources and reduces costs while ensuring timely and quality delivery of products or services.
Efficient supply chain
It is an approach that introduces small, continuous changes to existing processes to improve them progressively
Incremental improvement.
It is the analysis of large volumes of data to make informed decisions and improve operational processes
Big Data in operations.
It is the production of good or services tailored to individual customer needs while maintaining mass production efficiencies
Mass customization
It is a structured approach to managing and improving processes based on the principles of Lean Philosophy
Lean management system
It is the evaluation of whether a process can produce results within the required specifications.
Capability analysis in Six Sigma.
It is a metric that measures the performance of daily activities contributing to business objectives.
Operational KPI
It is the use of advanced technologies like AI and machine learning to optimize complex processes
Automation
It is the identification of activities within a company that adds value to the product or service offered.
Value chain analysis
IT is the management of business resources and processes to minimize environmental impacts.
Sustainable operations management.
It is a structured improvement methodology that includes the stages Define, Measure, Analyze, Improve and Control
Six Sigma - DMAIC process-
It is the effective coordination of all elements in the supply chain to ensure materials and products flow efficiently.
Supply chain synchronization
It is the integration of digital technologies into all aspects of operational management to improve efficiency and innovation
Digital transformation in operations
It is the measurement of productivity considering multiple inputs, such as labor, capital, and materials, rather than a single factor.
Productivity analysis
IT is the systematic improvement of business processes to maximize efficiency, reduce costs, and increase quality.
Process optimization