INTBUS 6 Lecture Notes - Lecture 16: Features New To Windows 8, Six Sigma, Management System

11 views5 pages

Document Summary

Just-in-time (jit) a philosophy of manufacturing based on planned elimination of all waste and on continuous improvement of productivity. In a broad sense, it applies to all forms of manufacturing and to many service industries as well. Lean a philosophy of production that emphasizes the minimization of the amount of all the resources (including time) used in the various activities of an enterprise. It involves identifying and eliminating non-value-adding activities in design, production, supply chain management, and dealing with customers. The lean philosophy can be applied to a wide range of production and service environments. In fact, one could easily argue that there is no environment that wouldn"t benefit from adopting its core principles. Companies following the lean philosophy can and do use a wide range of planning and control techniques, not just kanban. The lean philosophy is entirely consistent with business process improvement (chapter 4), quality improvement (chapter 5), and supplier management initiatives (chapter 7).

Get access

Grade+
$40 USD/m
Billed monthly
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
10 Verified Answers
Class+
$30 USD/m
Billed monthly
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
7 Verified Answers

Related Documents