Operations Flashcards
Tripple bottom line
Economical, social and ecological factors
Production methods
Customized production- specific order
Batch- identical products, market research and economies of scale (lote)
Mass- large orders, high volume
What is cellular manufacturing?
- The flow (work) is broken up in teams
- Incentivates autonomy and responsibility
What is lean production?
Identifying the values desired by the consumer
Eliminate productionprocess that don’t add value
Methods of lean production
- Continuous improvement (kaizen Toyota)
- Just in time
- Kanban: system of messages to help production flows
- Andon: system of signals and alerts informing workers of a problem
Cradle to cradle (C2C)?
Products that once used, should be recycled to create new ones products again
C2C certification consists on…
Recycling
Using renewable energy
Amount of water
CSR fair labor practices
What are quality circles?
Employees from different areas and all levels of hierarchy
Suggests ways of improving quality
What is benchmarking?
Comparing yourself to your competitors
Follow best practices
Pull factors
Diamantling trade barriers
When a company is “pulled” to be muntinational
Push factors
When a company is pushed by a country to go to other
What is offshoring?
Sub contraction overseas
What is reshoring?
Bringing back business functions to the home country
Supply chain process, logistics:
Raw material Supplier Manufacturing Distribution Customer Consumer
Stock control stages:
- Initial order
- Usage pattern
- Maximum stock level
- Minimum stock level
- Reorder level
- Reorder quantity
- Lead time