Controls And Operations

Front 1

Operation Management

Back 1

Design, direction, and control of processes

Front 2

SIPOC

Back 2

Supplier, input, process, output, customer

Front 3

Process

Back 3

Activity that consumes an input and makes it an output for customers

Front 4

Suppliers

Back 4

Provide business with inputs to make a product

Front 5

Integrated Supply Chain

Back 5

When partners and processes are in harmony, equal attention, visibility of the supply chain and transparency of information.

Front 6

Craft Production

Back 6

Manufacturing products by hand

Front 7

James Watt

Back 7

Created steam engine

Front 8

1st Industrial Revolution

Back 8

Intro of production machinery and factories

Front 9

2nd Industrial Revolution

Back 9

Migration of Americans from rural to urban areas

Front 10

Standard Work

Back 10

Work that is broken down into individual processes and analyzed to determine most efficient way to do job

Front 11

System Thinking

Back 11

All components of a business are interrelated and changing one of them can have an unforeseen outcome elsewhere

Front 12

Constraint

Back 12

A factor that limits the performance of a process or operation and therefore results in sub-optimal output

Front 13

Bottleneck

Back 13

When a constraint causes an organization to be unable to meet the demands of its customers

Front 14

Theory of Constraints

Back 14

Locate/Identify, Subordinate, Elevate, Lather,Rinse,Repeat

Front 15

3rd Industrial Revolution

Back 15

Intro of computers in the workplace, made new efficiencies and capabilities.

Front 16

4th Industrial Revolution

Back 16

Intro of machines/Automation

Front 17

Value Stream

Back 17

A process flow that highlights which steps add value and which don’t

Front 18

LEAN

Back 18

What customer expects

Mapping and Evaluating Value Stream

work to continuously flow

Customer Pulls Product

Never Stop Improving

Front 19

DMAIC

Back 19

Define

Measure

Analyze

Improve

Control

Front 20

Kaizen Process

Back 20

“Change for better”

Front 21

DOWNTIME

Back 21

Defects

Overproduction

Waiting

Not Utilizing Talent

Transportation

Inventory

Motion

Excess Processing

Front 22

Statistical Process Control

Back 22

Way of measuring whether or not a business is delivering value to customers

Front 23

Customer has what Four Utilities?

Back 23

Form

Possession

Place

Time

Front 24

Cycle Stock

Back 24

Inventory companies elect to hold based on what is anticipated

Front 25

Buffer Stock

Back 25

Goods Held to protect the customer from starvation, in case of increase in demand

Front 26

Safety Stock

Back 26

Goods held at any point to prevent customers from starvation by capability issues

Front 27

Safety Stock

Back 27

Goods held at any point to prevent customers from starvation by capability issues

Front 28

Pipeline Stock

Back 28

Product moving through chain

Front 29

Speculative Stock

Back 29

Held for season demand, price increases and shortages.

Front 30

Psychic Stock

Back 30

Based on assumption that purchasing is seeing product

Front 31

Reorder/Trigger Point

Back 31

When inventory drops below certain pounds more product is needed.

Front 32

S&OP (Sales and Operations Planning)

Back 32

Used to develop a plan for business to meet customer demand

Front 33

Mean Absolute Percentage Error

Back 33

Metric used to measure inaccurate Traditional Forecasting

Front 34

CPFR & VMI

Back 34

Models used to help improve forecasting by leveraging their suppliers share data.

Front 35

Evangelists

Back 35

Customer who promotes and markets product w/o compensation

Front 36

Big Data

Back 36

Designed to process cast amounts of Data and derive customer rights

Front 37

Anticipatory Shipping

Back 37

A model used to help anticipate people’s orders, created by Amazon.

Front 38

Point-Of-Presence

Back 38

Area of Supply Chain capable of delivering product to customer

Front 39

Greenfield Analysis

Back 39

Design and construction occurring where no previous facility exists

Front 40

Greenfield Analysis

Back 40

Design and construction occurring where no previous facility exists

Front 41

Brownfield Analysis

Back 41

Existing facility or process being changed and modified

Front 42

Greenfield Analysis

Back 42

Design and construction occurring where no previous facility exists

Front 43

Brownfield Analysis

Back 43

Existing facility or process being changed and modified

Front 44

Offshoring

Back 44

Moving manufacturing activities in order to save land and labor costs

Front 45

Backshoring

Back 45

Moving production facilities back to home country

Front 46

Backshoring

Back 46

Moving production facilities back to home country

Front 47

Nearshoring

Back 47

Moving facilities back into local region, but not home country

Front 48

V-Plant

Back 48

Small # of raw materials, flow towards manufacture of large # of unfinished goods

Front 49

V-Plant

Back 49

Small # of raw materials, flow towards manufacture of large # of unfinished goods

Front 50

A-Plant

Back 50

Large # of raw materials flow into manufacture of a small # of unfinished goods

Front 51

T-Plant

Back 51

Numerous similar finished goods are created by combing common parts, kits, or sub-components

Front 52

T-Plant

Back 52

Numerous similar finished goods are created by combing common parts, kits, or sub-components

Front 53

I-Plant

Back 53

Raw materials flow into different goods (Assembly Line)