Lead Time
What is Lead Time Lead Time is the period between the customer placing an order and the product being delivered. It begins at the initiation of the purchase process and ends at the completion of the transaction. In many ways, Lead Time is the customer’s experience of the entire manufacturing process. Customers make their order, […]
Lean Manufacturing
What is Lean Manufacturing? Lean Manufacturing is a production methodology used by manufacturers to eliminate waste, optimize value for the customer, and boost company productivity. By focusing on factors that add value and cutting activities that cause waste, companies can create more value while pursuing greater operational efficiency. Essentially, Lean Manufacturing is a win-win scenario. […]
Lean Six Sigma
As companies have mixed and matched business management philosophies throughout the years, many have found that the methodologies of Lean Manufacturing and Six Sigma work well in complement with each other. Thus, Lean Six Sigma was gradually adopted through a dual minded purpose of reducing both variations and waste. KEY TAKEAWAYS LSS marries the data-based […]
On Premises
On Premises, also known as on-premises or on-prem, is a type of licensed software that is independently hosted on a private server physically at the client’s location. It is the alternative to Software-as-a-Service, which is based on cloud computing. KEY TAKEAWAYS On premises (or “on-prem”) is installed software “on” the customer’s “premises” Opposite of cloud-based […]
Net-Zero Economy
Climate change is drastically affecting the field of global industrial production, and manufacturing leaders are responding to the challenge. By investing in sustainable strategies like green collar jobs and adapting to change, we can improve upon the framework we have built for global production and exchange Insight for this topic comes from Green Collar Jobs, […]
Mixed-Model Assembly
What is Mixed-Model Assembly? Mixed-Model Assembly is a type of production system that produces several distinct products or models within one operation without decreasing productivity, efficiency, and quality. Within these environments, the number of products built on one line can reach up to hundreds of thousands of variations. The frequency and specifications of the models […]
Material Requirements Planning (MRP)
What is Material Requirements Planning (MRP)? Material Requirements Planning is an inventory management system that helps businesses plan, track, schedule, and monitor their manufacturing processes and material usage more efficiently. MRPs typically have 3 main goals: Assure that production always has access to the required materials and components.Keep the lowest material and component levels possible […]
PDCA Cycle
A staple of any variation of institutional quality control methodology, the PDCA Cycle is a simple yet effective tool to plan and differentiate the steps of continuous improvement on a per-project basis. The PDCA Cycle is an iterative tool that is commonly used in the Six Sigma and Total Quality Management business philosophies. KEY TAKEAWAYS […]
Pareto Principle
What Is the Pareto Principle? Have you ever heard of the 80/20 rule? It is the phenomenon that 80% of consequences come from 20% of causes. This principle can be seen in action across multiple areas of study like ecological environments, societal structures, work time management, and even language. To wrap our minds around it, […]
Personal Protective Equipment (PPE)
What is PPE? PPE (Personal Protective Equipment) is considered to be any article of clothing or wearable equipment that shields and/or protects a person from injury. This includes reflective vests, hard hats, safety glasses, hazmat suits, and more than we can list. Accidents and mishaps are inevitable factors within our daily lives. From working on […]