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Quick Response
Quick response manufacturing (QRM) is an approach to manufacturing which emphasizes the beneficial effect of reducing internal and external lead times. Description Shorter lead times improve quality, reduce cost and eliminate non-value-added waste within the organization while simultaneously increasing the organization's competitiveness and market share by serving customers better and faster. The time-based framework of QRM accommodates strategic variability such as offering custom-engineered products while eliminating dysfunctional variability such as rework and changing due dates. For this reason, companies making products in low or varying volumes have used QRM as an alternative or to complement other strategies such as Lean Manufacturing, Total quality management, Six Sigma or Kaizen. However, the benefits of QRM are still mooted and contested by experts around. Many opposers of QRM criticize its approach being very "marketing-style" rather than academic or statistical. Hist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturing
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
System Dynamics
System dynamics (SD) is an approach to understanding the nonlinear behaviour of complex systems over time using stocks, flows, internal feedback loops, table functions and time delays. Overview System dynamics is a methodology and mathematical modeling technique to frame, understand, and discuss complex issues and problems. Originally developed in the 1950s to help corporate managers improve their understanding of industrial processes, SD is currently being used throughout the public and private sector for policy analysis and design. Convenient graphical user interface (GUI) system dynamics software developed into user friendly versions by the 1990s and have been applied to diverse systems. SD models solve the problem of simultaneity (mutual causation) by updating all variables in small time increments with positive and negative feedbacks and time delays structuring the interactions and control. The best known SD model is probably the 1972 ''The Limits to Growth''. This model f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Process Reengineering
Business process re-engineering (BPR) is a business management strategy originally pioneered in the early 1990s, focusing on the analysis and design of workflows and business processes within an organization. BPR aims to help organizations fundamentally rethink how they do their work in order to improve customer service, cut operational costs, and become world-class competitors.Business Process Re-engineering Assessment Guide United States General Accounting Office, May 1997. BPR seeks to help companies radically restructure their organizations by focusing on the ground-up design of their business processes. According to early BPR proponent (1990), a busin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supply Chain Management
In commerce, supply chain management (SCM) is the management of the flow of goods and services including all processes that transform raw materials into final products between businesses and locations. This can include the movement and storage of raw materials, work-in-process inventory, finished goods, and end to end order fulfilment from the point of origin to the point of consumption. Interconnected, interrelated or interlinked networks, channels and node businesses combine in the provision of products and services required by end customers in a supply chain. Supply-chain management has been defined as the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronising supply with demand and measuring performance globally". SCM practice draws heavily on industrial engineering, systems engineering, operations management, logis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HAN University Of Applied Sciences
The HAN University of Applied Sciences, mostly referred to as HAN, is one of the largest universities of applied sciences in the Netherlands. It offers bachelor's and master's degree programs to over 36,000 students. HAN is a knowledge institute for higher education in the Dutch province of Gelderland, with campuses in Arnhem and Nijmegen and a research center in Doetinchem. History In the 1980s there were many small universities of applied sciences in the Netherlands. The government at the time believed this was inefficient, both in terms of the financing and organizing of education. In 1983 the government pushed smaller universities of applied sciences to mergeThe Netherlands Association of Universities of Applied Sciencesagreed, and gradually more and more universities of applied sciences in Arnhem and Nijmegen merged. On 1 February 1996, the HAN conglomerate was finally established and it became a large, broad-based educational institution. Since then the number of student ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Oilwell Varco
NOV Inc., formerly National Oilwell Varco, is an American multinational corporation based in Houston, Texas. It is a worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry. The company conducts operations in more than 500 locations across six continents, operating through three reporting segments: Rig Technologies, Wellbore Technologies, and Completion & Production Solutions.About NOV National Oilwell Varco. Retrieved on August 8, 2018. "About NOV." History Background NOV's two main predecessors, Oilwell Supply and National Supply, were founded in 1862 and 1893, respectively. These two companies manufactured and distri ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Merrill A
Merrill may refer to: Places in the United States *Merrill Field, Anchorage, Alaska *Merrill, Iowa * Merrill, Maine *Merrill, Michigan *Merrill, Mississippi, an unincorporated community near Lucedale in George County *Merrill, Oregon *Merrill, Wisconsin *Merrill (town), Wisconsin *Merrill Township, Michigan *Merrill Township, North Dakota *Merrill College at the University of California, Santa Cruz People * Merrill Moses (born 1977), Olympic water polo player *Merrill (surname) *Merrill Cook, Utah politician *Merrill Garbus, musician behind the experimental indie project Tune-yards *Merrill Ashley (born 1950), American ballet dancer and ''répétiteur'' Other uses *Merrill (company), a division of Bank of America *Skidmore, Owings and Merrill, architectural firm * USS ''Merrill'' (DD-976) *Nine men's morris, a strategy board game also called ''Merrills'' * Merrill (crater) Merrill is a lunar impact crater. It is located in the high northern latitudes, on the far side. Less than ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fast Fit
Fast fit (often capitalized and written as Fast Fit,) refers to a method of handling the shipping and sampling processes typical of multinational organizations who primarily manufacture offshore, specifically in the fashion and textile industry. The Fast Fit philosophy centers on the sharing of 360-degree, annotatable images intended to reduce the costs and lead times associated with shipping physical samples. The term is particularly prevalent among companies that fit the Fast Fashion model, as Fast Fit is considered to be a vital component in the reduction of time between design inspiration and final production of a garment or product. Philosophy Relationship to Fast Fashion The goal of Fast Fashion (a philosophy that drives high street retailers and brands like Zara, H&M, Topshop, Benetton, American Apparel and Peacocks) is to create demand for – and deliver to market – garments “closer to trend” and at a lower price point than was possible using traditional desi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fast Fashion
Fast fashion is a term used to describe the clothing industry's business model of replicating recent catwalk trends and High fashion, high-fashion designs, mass production, mass-producing them at a low cost, and bringing them to retail stores quickly, while demand is at its highest. The term ''fast fashion'' is also used generically to describe the products of the fast fashion business model. Fast fashion grew during the late 20th century as manufacturing of clothing became less expensive — the result of more efficient supply chains and new quick response manufacturing methods, and greater reliance on low-cost labor from the apparel manufacturing industries of South, Southeast, and East Asia, where women make up 85-90% of the garment workforce. Labor practices of fast fashion are often exploitative, and due to the gender concentration of the garment industry, women are more vulnerable. Retailers who employ the fast fashion strategy include Primark, H&M, Shein (company), Shein, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kanban
Kanban (Japanese: カンバン and Chinese: 看板, meaning signboard or billboard) is a scheduling system for lean manufacturing (also called just-in-time manufacturing, abbreviated JIT). Taiichi Ohno, an industrial engineer at Toyota, developed kanban to improve manufacturing efficiency. The system takes its name from the cards that track production within a factory. Kanban is also known as the ''Toyota nameplate system'' in the automotive industry. Kanban became an effective tool to support running a production system as a whole, and an excellent way to promote improvement. Problem areas are highlighted by measuring lead time and cycle time of the full process and process steps. One of the main benefits of kanban is to establish an upper limit to work in process (commonly referred as "WIP") inventory to avoid overcapacity. Other systems with similar effect exist, for example CONWIP. A systematic study of various configurations of kanban systems, such as Generalized Kanban or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Enterprise Resource Planning
Enterprise resource planning (ERP) is the integrated management of main business processes, often in real time and mediated by software and technology. ERP is usually referred to as a category of Business management tools, business management software—typically a suite of integrated application software, applications—that an organization can use to collect, store, manage and interpret data from many business sector, business activities. ERP systems can be local based or Cloud computing, cloud-based. Cloud-based applications have grown in recent years due to information being readily available from any location with Internet access. Traditional On-premises software, on-premise ERP systems are now considered Legacy system, legacy technology. ERP provides an integrated and continuously updated view of core business processes using common databases maintained by a database management system. ERP systems track business resources—cash, raw materials, production capacity—and t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturing Resource Planning
Manufacturing resource planning (MRP II) is defined as a method for the effective planning of all resources of a manufacturing company. Ideally, it addresses operational planning in units, financial planning, and has a simulation capability to answer " what-if" questions and is an extension of closed-loop MRP (Material Requirements Planning). This is not exclusively a software function, but the management of people skills, requiring a dedication to database accuracy, and sufficient computer resources. It is a total company management concept for using human and company resources more productively. Key functions and features MRP II is not a proprietary software system and can thus take many forms. It is almost impossible to visualize an MRP II system that does not use a computer, but an MRP II system can be based on either purchased–licensed or in-house software. Almost every MRP II system is modular in construction. Characteristic basic modules in an MRP II system are: * Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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