Lean Strategies International
Menu

Glossary

Would you like to add a term to the community? Click Here!

Actual Finish Date

9/26/2023

0 Comments

 
Actual Finish Day
Click on the Photo to Visit our Training Page!
  Have you ever wondered, what does it mean actual finish date?  The actual finish date is the point in time that an activity, work or the project was actually completed.

Read More
0 Comments

Huddle

9/21/2023

0 Comments

 
Lean Huddle
Click on the photo above to see Lean Strategies International LLC's Services.
  A huddle is an action by a team to strategize, support and motivate one another towards accomplishing or aligning objectives and goals.  Huddles are typically held before an activity takes place.  Huddles can be held in any area or department of an organization, they do not need specific rooms just a format to conduct the huddle.  The main difference between a huddle and a meeting is both how it is conducted and the amount of time the huddle takes compared to a meeting.  Huddles can be performed in under 7 minutes.

Read More
0 Comments

8 Wastes

9/15/2023

0 Comments

 
Click Here to Subscribe to Our YouTube Channel.
  The 8 forms of waste are also referred to as the 8 forms of muda.  A Lean strategy attempts to remove any and all forms of waste from business processes.

Read More
0 Comments

ABC Inventory Control

8/31/2023

0 Comments

 
ABC Inventory Control
Click Here to Visit our Training Page!
  ABC inventory control is a frequently used method of control for inventory.  ​The ABC analysis divides inventory into three categories, with “A” items being the most important and “C” items being the least important.

Read More
0 Comments

Abnormal Demand

8/28/2023

0 Comments

 
Abnormal Demand
Click on the Picture to Visit our Training Page!
  An unusual, uncommon or irregularly high product demand that is outside the normal parameters established by the management policy is called an Abnormal Demand.

Read More
0 Comments

Flow

8/10/2023

0 Comments

 
Flow
Click on the photo above to subscribe to our YouTube Channel!
  Whether its Lean Six Sigma, just in time or a pull system, flow is the term used to refer to a production or service environment that continuously moves value through the value stream without interruptions.  An environment that has flow would have very low levels of muda, muri and mura.  Flow can also be described as the progression of tasks involved in creating products and information minus stoppages, delays, scrap, rework, reversals and backflows.  Flow applies to both materials and information.

Read More
0 Comments

Actual Demand

8/9/2023

0 Comments

 
Actual Demand
Click Here to Visit our Training Page!
  Actual demand is made up of "actual" or "real" customer orders.  This can sometimes include allocations/reservations of items for order, ingredients or items driven by MRP for orders, or raw materials for production or distribution against orders.

Read More
0 Comments

Standard Work

8/8/2023

0 Comments

 
Standard Work
Click on the photo above to see Lean Strategies International LLC's Services.
  Standard work is a detailed definition of the current agreed-upon steps needed for a person to complete one work cycle in the absolute best and most reliable method possible.

Read More
0 Comments

Change Management

8/7/2023

1 Comment

 
Change Management
Click on the Photo to visit our training page!
  Change management is a method or an approach that is generally systematic in the way it works.  Different change management approaches can be used when dealing with the transformation or transition of a business or organizations objectives, goals, processes, culture and of course technology.  It even works with behavior.  One of the main purpose of change management is simply to guide or manage the change that a company, department or individual will experience during transitions. 

Read More
1 Comment

Brainstorming

7/26/2023

0 Comments

 
Click Here to Subscribe to Our YouTube Channel.
  Brainstorming is one of the most powerful techniques a team or individual can use to address topics and solve issues.  Brainstorming promotes innovative thinking and helps people creatively use their skills and talents on a particular subject. 

Read More
0 Comments

Upstream

7/19/2023

0 Comments

 
Picture
Click on the photo to visit our Training Page.
  Upstream is a term used to refer to any given process step that occurs before the current step.  Looking upstream often can be a valuable technique used to find the actual causes of an initial effect.  You will hear this term used in reference to value streams or process maps.

Read More
0 Comments

Customer

7/13/2023

0 Comments

 
The above video is from Lean Strategies International LLC's Lean Six Sigma White Belt Course.
  A Customer is any party that receives or requests goods or services.  Customers are oftenties considered to be one of the most important participants in a supply chain.  They drive value.  They create demand and they express wants and needs that can be transformed.

Read More
0 Comments

3P's

7/12/2023

0 Comments

 
3P
Please Click on the Photo to Visit our Training Page!
  The 3P's represent people, process and product.  The 3P's are the focus of the continuous improvement strategy TQM or Total Quality Management.

Read More
0 Comments

DMADV

6/28/2023

0 Comments

 
DMADV Overview
Click on the Photo to Learn More!
  DMADV is the methodology used when designing new processes that did not exist prior to their design.  

Read More
0 Comments

Master Scheduling

6/22/2023

0 Comments

 
Master Schedule
Click on the Photo to Visit our Training Page!
  Master Scheduling is the process that a master scheduler uses to create the master schedule.  This includes but is not limited to how the generation, review, management and adjustments of a master schedule are done.

Read More
0 Comments

Inventory Stockout Costs

6/21/2023

0 Comments

 
Click Here to Subscribe to Our YouTube Channel.
  Have you ever wanted something to snack on really bad, so you jump up head to the store and when you get there they are fresh out of inventory?  Have you ever made the decision to purchase a new vehicle and you go to the dealer and the vehicle you want isn’t there so you go home and order it online?  Inventory stock out costs.  These are both examples of inventory stock out costs.  Stockouts occur when the inventory you have on hand is not enough to fulfill the customers demand needs.  Likewise a stock out might be when there is inventory, but the inventory is not what you wanted.

Read More
0 Comments

Non-Value Added

6/16/2023

0 Comments

 
Click Here to Subscribe to Our YouTube Channel.
  A Non-Value added activity is any activity that adds no value to the product, service or information.  Non-value added activities typically have three characteristics that are fairly simple to identify.   

Read More
0 Comments

Value

6/15/2023

0 Comments

 
Value
Click on the photo to visit our training Page!
  Value is a perception of the worth, regard, importance or usefulness of a good or service.  In other words, it is ​the worth of a product or a service when it is delivered to your customers. 

Read More
0 Comments

Value Stream

6/12/2023

0 Comments

 
Value Stream
Click on the Photo to Visit our Training Page!
  The Value Stream is the entire set of activities that are required to design, produce and provide services or goods.  In other words, it is all of the activities in your organization that are needed to design, manufacture and deliver products or services to your customers.

Read More
0 Comments

Downtime

5/16/2023

0 Comments

 
Downtime
Click here to download a free infographic on downtime.
  Downtime is the period of time during which a piece of equipment or a machine is not functional or can not work.

Read More
0 Comments

Rough Cut Capacity Planning

4/21/2023

0 Comments

 
Rough Cut Capacity Planning
Click on the Photo to Visit our Training Page!
  RCCP verifies that you have sufficient capacity available to meet the capacity requirements for your master schedules.

Read More
0 Comments

Control Plan

4/17/2023

0 Comments

 
Control Plan
Click on the Photo to Visit our Training Page!
  The control plan is a tool used in the control phase of the DMAIC method. The tool is used for documenting the functional elements of quality control that are to be implemented in order to ensure that quality standards are met for a particular product, process, project or service.

Read More
0 Comments

Mean Absolute Deviation

3/31/2023

0 Comments

 
Click Here to Subscribe to Our YouTube Channel.
  The mean absolute deviation or MAD as it is often abbreviated, of a dataset is the average or "mean" distance between each data point from the data set and the mean/average.  This will give you an idea of the amount of variability in a dataset.  MAD can be calculated from both observations and the arithmetic average (mean) of those observations.  Another option when calculating MAD is to calculate based on actual data minus forecasted data.  If forecasting or being used for future analysis you can apply different weights to your forecast or use exponential smoothing in an attempt to make your forecast more accurate.  In most cases however mean absolute deviation uses actual data.

Read More
0 Comments

House of Toyota

3/29/2023

0 Comments

 
House of Toyota
Click on the Photo to Visit our Training Page.
  The house of Toyota is a graphical representation of the Toyota Production System depicted in the form of a house.  Taiichi Ohno was given credit for much of the systems development.  The Toyota Production System works together with 5 key elements:​

Read More
0 Comments

Push System

3/28/2023

0 Comments

 
Click Here to Subscribe to Our YouTube Channel.
  A push system is the production or performance of any item or activity performed at required times by a given schedule that has been planned in advance.  Many push systems are built mainly to forecast.  Push systems can also include issuing material or performing an activity based on a schedule rather than need.  Push systems create excess inventory which is one of the 8 forms of waste.  

Read More
0 Comments
<<Previous

    Glossary


    Subscribe below and receive lean, six sigma, operations, supply chain, logistics, distribution and business terms in your mailbox.

    CLICK HERE TO SUBSCRIBE

    Categories

    All
    #
    01. Add A Term
    3D
    3PL
    3P's
    5 Principles
    5S
    5 Why's
    6σ
    8 Wastes
    A
    B
    C
    D
    E
    F
    G
    H
    I
    J
    K
    L
    M
    N
    O
    P
    Q
    R
    S
    T
    U
    V
    VSM Shapes
    W
    X
    Y
    Z

    Archives

    September 2023
    August 2023
    July 2023
    June 2023
    May 2023
    April 2023
    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    April 2020
    March 2020
    November 2019
    October 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    March 2018
    February 2018
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    November 2015

Lean Strategies International LLC.
Follow Us on YouTube or Our Other Channels Below.
             ©2015-2021 Lean Strategies International LLC.  
  • Home Page
  • Services
    • Training >
      • Waste Training
      • Introduction to Lean
      • Lean Champions >
        • Lean Six Sigma White Belt
        • Lean Six Sigma Yellow Belt
      • Lean Tools You Can Use Series! >
        • The 5S System
        • The ©Gemba Methodology
        • The FISH Methodology
        • The CURE Methodology
        • Quick Changeover with REDUCE
        • Mistake Proofing and the Poka Yoke System
        • The Just in Time System
  • Lean Resources
    • Listen to The Gemba
    • Glossary
    • Lean and Six Sigma Quotes
    • Recommended Reading
    • Events
    • Masters of Lean and Six Sigma
    • Career /Jobs
  • Store
    • Workspace
  • Home Page
  • Services
    • Training >
      • Waste Training
      • Introduction to Lean
      • Lean Champions >
        • Lean Six Sigma White Belt
        • Lean Six Sigma Yellow Belt
      • Lean Tools You Can Use Series! >
        • The 5S System
        • The ©Gemba Methodology
        • The FISH Methodology
        • The CURE Methodology
        • Quick Changeover with REDUCE
        • Mistake Proofing and the Poka Yoke System
        • The Just in Time System
  • Lean Resources
    • Listen to The Gemba
    • Glossary
    • Lean and Six Sigma Quotes
    • Recommended Reading
    • Events
    • Masters of Lean and Six Sigma
    • Career /Jobs
  • Store
    • Workspace