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Streamline the external activities, so that they are of a similar scale to the internal ones (D). Document the new procedure, and actions that are yet to be completed. Do it all again: For each iteration of the above process, a 45% improvement in set-up times should be expected, so it may take several iterations to cross the ten-minute line.
Horizontal integration is the process of a company increasing production of goods or services at the same level of the value chain, in the same industry.A company may do this via internal expansion or through mergers and acquisitions.
In streamline manufacturing, the bottleneck is the station of a production line where greatest limiting factor lies. It is generally the station with the greatest amount of work in process at the work station. Bottlenecks often results in slow production times, surplus of raw material and low employee morale.
A business process, business method, or business function is a collection of related, structured activities or tasks performed by people or equipment in which a specific sequence produces a service or product (that serves a particular business goal) for a particular customer or customers. Business processes occur at all organizational levels ...
Retail back-office software is used to manage business operations that are not related to direct sales efforts and interfaces that are not seen by consumers. [1] Typically, the business processes managed with back-office software include some combination of inventory control, price book management, manufacturing, and supply chain management (SCM). [2]
It can be depicted as a sequence of operations, the work of a person or group, [2] the work of an organization of staff, or one or more simple or complex mechanisms. From a more abstract or higher-level perspective, workflow may be considered a view or representation of real work. [ 3 ]
The term operating model may have been first used in corporate-level strategy (see History below) to describe the way in which an organization is structured into business divisions, what activities are centralized or decentralized and how much integration is required across business divisions. The term is most commonly used today when referring ...
It is a list used to organize the facts or points to be covered, and their order of presentation, by section. Topic outlines list the subtopics of a subject, arranged in levels, and while they can be used to plan a composition, they are most often used as a summary, such as in the form of a table of contents or the topic list in a college ...