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(39 cards)

1
Q

Website development

A

The creation and/or improvement of a connected group of pages on the internet maintained by the business to sell it’s product

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2
Q

Define automated production lines

A

Comprises machinery and equipment arranged in a sequence with components added to a good as it proceeds through each step, with the processes controlled by computers.

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3
Q

Define CAD computer aided design

A

A computerised design tool that allows a business to create product possibility from a series of input parameters.

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4
Q

Define CAM computer aided manufacturing

A

A computerised software tool used to control the enitre manufacturing process.

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5
Q

Define Forecasting

A

A material planning tool that relies on data from the past and present and analysis of trends to attempt to determine future events.

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6
Q

Define master production schedule

A

A plan of what will be produced when it will be produced, the quantity in which it will be produces, labour requirments and contractual delivery dates.

  • Provides an in indication of the amount of inputs required overtime
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7
Q

Define material requirment planning

A

Involves developing an itemised list of all materials involved in production to meet the specified orders.

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8
Q

Define Just in time

A

A materials management strategy that ensures that the right amount of material inputs will arrive only as they are needed in the operations process

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9
Q

Define Quality

A

The degree of excellence of goods or services and how well they meet it’s stated purpose.

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10
Q

Define Continuous Improvement

A

An ongoing commitment to achieving perfection

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11
Q

Define Quality Control

A

Quality Control makes use of inspections at various points in the production process to check for problems and defects.

E.g Lipton Tea process of inspecting the taste/quality of their tea

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12
Q

Define Quality Assurance

A

Quality assurance involves the use of a recognised system that is designed to ensure that standards are met.

E.g ISO standards

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13
Q

Define Total quality management

A

is a holistic approach to quality and a commitment to excellence where all employees are involved in the continuous pursuit of quality in everything they do.

E.g. Toyota’s implementation of TQM - core principles surrounding Kaizen

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14
Q

Define Waste Minimisation

A

A process involving the reduction of the amount of unwanted or unusable resources produce by the business during it’s operations. to imporve effeciency and effectiveness.

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15
Q

Define waste

A

Is any resources (Raw material, labour, time) which is discarded after use, or it is worthless, defective or of no use.

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16
Q

Define Lean Mangement

A

Involves a systematic process for eliminating waste so the end customer gets the most value from their perspective with fewer resources

17
Q

What are key principles of Lean Managment - Pull

A
  1. Pull - be led by customer demand and focus on their needs - This reduces over-processing and over-production of waste
18
Q

What are key principles of Lean Management - One Piece Flow

A
  1. One Piece Flow – A principle the focuses on optimising production processes so that there is a continuous flow and minimal idle time (E.g. use of JIT method). - This reduces transportation, inventory, motion and waiting wastes
19
Q

What are key principles of Lean Management - Takt

A
  1. Takt – a principle which focuses on producing the product that is valued by by the customer. This reduces over-processing waste
20
Q

What are key principles of Lean Management - Kaizen

A
  1. Continuous movement (Kaizen)– Strive for perfection and continuously improve (zero defect)

-This reduces inventory and defect waste
(POTZ)

21
Q

What are key principles of Lean Management - Jodoka

A

5.Jodoka (i.e Automation ) - A principle which focuses on the use of automated production technology to precisely carry out repetitive tasks and reduce human error. - This reduces movement and defect waste

22
Q

What the 7 waste of lean management + Decribe how they should be avoided

A

Transportation - Avoid reducing an overload or excess amount of unnecessary transportation. Such like pick up trucks

Inventory - Avoid the amount of storage required for materials or goods.

Motion-Preventing the constant amount of unnecessary movement of workers and products within the process

Waiting Time- Avoid the waiting time for workers when working during their working hours. Waiting for information of items to arrive

Over Processing - Disregarding the rule of quality over quantity, creating a problem of over-processing products with no further value improved.

Over Production - Avoid the overproduction of a product or goods.

Defects/Errors - Reducing the number of errors and faults within a service or product.

23
Q

Define CSR

A

The commitment by an organisation to conduct its business in an ethical manner that exceeds legal requirements and aims to minimise negative impact on the environment, society and the economy, as well as other stakeholders.

24
Q

Managing inputs appropriately

A
  • Sustainable Procurement of inputs
  • Sourcing from “Fair Trade” or socially responsible suppliers
  • Using renewable energy (e.g. solar )
  • Sourcing inputs locally to support Australian economy
25
Managing processes
- Introducing waste minimisation techniques to reduce scrap/waste - Introduce green technologies that promote recycling and reuse of resources - Retain operational processes in Australia to support economy.
26
Managing Outputs
- Ensure good benefits society without causing harm to the natural environment - Be proactive with product recalls if outputs have the potential to harm customers - Go above and beyond to increase quality of outputs
27
How can use of technology-v Efficiency
``` • Automation and CAD/CAM more precise – reduces waste. • Allows for mass production – economies of scale. • Performs repetitive tasks better. ```
28
How can use of technology - Effectiveness
- Reduced levels of waste and increased productivity growth can reduce operating costs and support higher net profits. • Precise production can improve the quality of outputs, supporting a higher number of sales
29
Materials management - Efficiency
``` • Forecasting, materials planning and inventory management (e.g. JIT) can reduce waste – expired produce, time, storage, handling costs, etc. which improves productivity. ```
30
Materials management - Effectiveness
Effective production planning ensures customer deadlines are met - increased level of customer satisfaction/reduced number of complaints. • Effective inventory management ensures material waste is minimised which can reduce operating costs and support higher net profits.
31
Quality management - Efficiency
Optimising quality processes (e.g. QC, QA) can reduce waste (fewer defects) which improves rate of productivity (same or more outputs per input).
32
Quality management - Effectiveness
Optimising quality can give the business a competitive edge over rivals, supporting increased sales and percentage of market share. • Reduced waste supports higher net profits
33
``` Waste Minimisation (Lean Management) - Efficiency ```
Implementing lean production methods reduces waste (TIMWOOD) and achieves optimal efficiency in operations.
34
``` Waste Minimisation (Lean Management) - Efficiency ```
Avoiding over-processing, and optimising flow can improve rate of productivity growth. • Reusing, recycling, etc. can reduce operating costs and support higher net profits.
35
Define Global sourcing of inputs
The practice of seeking the most cost-effective material and other inputs, from countries overseas.
36
Define Overseas Manufacture
Refers to when the transformational processes involved in producing a good are carried out overseas. It involves the good being being completely manufactured overseas.
37
Define Global Outsourcing
Outsourcing is the contraction of a specific business operation to an external person or business. Global outsourcing is when a business contracts an overseas business to perform some of its role or functions.
38
Define Employee Entitlement issues
Employee entitlements refer to the legal obligations employers must provide to employees who....
39
Define employee Transition issues
Employee transition refers to the steps taken to support terminated employees exit the business into retirement, a new place of work, etc., beyond paying out legal entitlements.