APICS CPIM Basics of supply chain dictionary words P
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| show | In lean the philosophy is to produce at the market rate of consumption. B/c lines cannot be perfectly balanced, the pacemaker is the resource requiring the longest time to produce among the set of activities in a line or cell.
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| show | A calculation of the space needed to store a certain number of pallents
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| show | In MRP and MPS, the capability to identify for a given item the sources of its gross requirements and/or allocations. Pegging can be thought of as active where-used information.
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| show | A 4 step process for quality immprovement. In the first step (plan), a plan to effect improvement is developed. In the second step, the plan is carried out, preferably on a small scale. 3rd observed 4th results are studied
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| show | In a JIT system, work in process materials used to build finished goods are relieved from inventory by multiplying the number of units completed by the number of parts in the BOM. Effective only if the BOM is accurate and manufacturing lead times r short.
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| postponement | show 🗑
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| Procurement | show 🗑
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| Procurement lead time | show 🗑
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| show | The resource capacity needed to protect system throughput-ensuring that some capacity above the capacity required to exploit the constraint is available to catch up when disruptions inevitably occur.
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| Quality at the source | show 🗑
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| show | Having a small setup time in order to have small production batches and small WIP inventory
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| participative design/engineering | show 🗑
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| physical supply | show 🗑
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| planned order receipt | show 🗑
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| point of sale (POS) | show 🗑
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| prevention costs | show 🗑
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| preventive maintenance | show 🗑
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| process flexibility | show 🗑
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| process flow diagram | show 🗑
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| product cost | show 🗑
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| product differentiation | show 🗑
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| production line | show 🗑
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| productive capacity | show 🗑
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| productivity | show 🗑
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| product layout | show 🗑
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| profit margin | show 🗑
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| projected available balance | show 🗑
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| project management | show 🗑
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| protective inventory | show 🗑
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| pull system | show 🗑
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| purchase order | show 🗑
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| purchasing lead time | show 🗑
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| push system | show 🗑
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| quantity discount | show 🗑
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