Lean Strategies International
Menu

Glossary

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

Cell

1/5/2023

0 Comments

 
Cellular Layout
Click on the picture to visit our training page.
  Cellular layouts are the optimal flow based layout.  A cell is a close arrangement or setup of people, machines or workstations. The purpose of a cellular layout is to fulfill a processing sequence while simultaneously reducing wait times, transportation and other forms of muda.  In addition to removing various forms of waste, cells are very effective and promote and facilitate effective flow.  Cells can be in many different shapes and attempt to spread work evenly amongst the resources.  

Read More
0 Comments

Capital Costs

11/30/2022

0 Comments

 
Capital Costs
Click on the Photo to Learn More About Item Level Inventory Management!
  Capital costs are the costs required to purchase raw material or inventory items along with financing fees, loan maintenance fees, and interest.  They refer to the money that is invested in your inventory.

Read More
0 Comments

Cycle Time

8/23/2022

0 Comments

 
Cycle Time
Click on the picture to Subscribe to Our YouTube Channel!
  One of the most important components of standard work is understanding what the cycle time of a process is.  Cycle time is sometimes referred to as standard cycle time.  Cycle time is the amount of time it takes to complete an individual operation or task from start to finish.  In other words, the amount of time required to process one part.  This includes processing time on a machine, any manual work that may be required, waiting, inspection, walking and any other activities involved in processing the one part. 

Read More
0 Comments

Continuous Improvement

7/12/2022

0 Comments

 
Click Here to Subscribe to Our YouTube Channel.
  Continuous improvement is the act of making incremental and regular improvements, which is often referred to as kaizen.

Read More
0 Comments

Cash-to-Cash Cycle Time

5/17/2022

0 Comments

 
Cash to Cash Cycle Time
Click on the Photo to Subscribe to Our YouTube!
  Cash to cash cycle time looks at the amount of time, usually days, of working capital a business has tied up in managing its inventory or supply chain.  Like many metrics, the more efficient the cash-to-cash cycle time is, the fewer days an organization's cash is unavailable for use.

Read More
0 Comments

Components

11/10/2021

0 Comments

 
Component
Click on the photo to visit our Training Page.
  A component could be a raw material, subassembly or a part.  However the identifying difference is that a component which could be a part, raw material or subassembly goes into a higher level assembly, item or part.

Read More
0 Comments

Customer

8/23/2021

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

Cause and Effect Diagram

8/17/2021

0 Comments

 
Cause and Effect Diagram
Click on the Photo to Enroll in The Fishbone Course.
  The cause and effect diagram, fishbone diagram or Ishikawa diagram is a tool used to discover possible causes of an effect. 

Read More
0 Comments

Critical Characteristics

5/12/2021

0 Comments

 
Critical characteristics
Learn more online. Click on the photo.
  Critical Characteristics are the attributes or, "characteristics" of a product or piece of information that must function properly so that no failure of the product or needed information occurs.

Read More
0 Comments

Checklist

5/11/2021

0 Comments

 
Checklist
Click on the Picture to Learn About More Lean Tools.
  A checklist is a tool that can be used to ensure that you have everything required to set up and run your next operation.  It may also be used to ensure that important steps or actions have been taken that are important for an operation.  A checklist is different than a checksheet.  A checklist is used to show completion of a particular activity.

Read More
0 Comments

Changeover

3/17/2021

0 Comments

 
  A changeover is the work required to change a specific machine, resource, work center or line from making the last good piece of an item to making the first good piece of another item.  That means that if the first good piece after the changeover is not good the changeover is not complete.  

Read More
0 Comments

Certificate of Compliance

11/10/2020

0 Comments

 
Certificate of Compliance
Click on the photo above to see Lean Strategies International LLC's Training.
  A certificate of compliance is a certification that is provided by a supplier which certifies that the supplies or the services supplied meet the required specifications.  In other words, a certificate of compliance certifies that an individual or company has met the required set of conditions for a product or service.

Read More
0 Comments

Check Sheet

9/10/2020

0 Comments

 
Checksheet
   The check sheet is a structured data-recording tool.  This generic tool is designed by users to facilitate, organize and track their interpretation of results.  The check sheet is one of the seven basic quality tools.  

Read More
0 Comments

Core Values

8/20/2020

0 Comments

 
Core Values
Click on the photo above to see Lean Strategies International LLC's Services.
  The core values of an organization are the principles, fundamental beliefs and ethical guideposts that serve as guidelines for the organizations behaviors.

Read More
0 Comments

Fishbone Diagram - Cause and Effect Diagram - Ishikawa Diagram

7/21/2020

0 Comments

 
  The fishbone diagram is a structured analysis tool used to organize potential causes associated with a specific effect.  

Other names:
  1. Cause and Effect Diagram
  2. Ishikawa Diagram

Related Blogs:
  • Listen to the Gemba - The fishbone diagram (7 basic quality tools).


Creator:
  • Kaoru Ishikawa​
Learn More Here!
0 Comments

Constraint

6/28/2019

0 Comments

 
Constraint
  A constraint is any factor or element such as cost, schedule and scope that prevents a system from performing at the highest level possible in relation to its objective.  There are many types of constraints that prohibit performance.  Continuous Improvement strategies such as: Lean, Six Sigma and the Theory of Constraints are effective ways to reduce or remove constraints.

Examples:

1. Cost/ Resources
2. Schedule/ Time
3. Scope/ Quality
4. Physical
5. Policy or Procedure
Learn More About Removing Constraints Here!
0 Comments

Cost Driver

4/2/2019

0 Comments

 
Cost Driver
  A cost driver is any factor or factors that causes a change (increase/decrease) in an activities cost.  Activities often have more than one cost driver attached to them.
Learn more Online!
0 Comments

Change Management

3/26/2018

0 Comments

 
Change Management
  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.  This can help an organization better prepare its people to adapt to the many different elements of change that will certainly come to pass.  Along with supporting transition change management can also help people to understand; the driving intentions of the organization’s change, how to take action during the change, how to manage the resilience or opposition during a change and to help others understand why people will respond differently during the different forms of change.  Below is a simple format you can follow when changing.  ©WECHANGE can be used at different levels of an organization (strategic, business, operational, departmental and individual).
  1. Work with a sense of urgency and excitement.
  2. Establish a "team" approach.
  3. Create your vision, plan the journey.
  4. Happily communicate, again and again.
  5. Authorize and empower people.
  6. Navigate kaizen.
  7. Generate more change.
  8. Engrave, educate and encourage change management in your culture.
0 Comments

Current State

4/17/2017

0 Comments

 
Current State Value Stream Map
Image Reference: Office Article.
  The current state is the as is, or present circumstances.  When looking at the current state it is very important that the review is done not as it should be happening but as it is happening.  
0 Comments

Cycle Stock

3/31/2017

0 Comments

 
Cycle Stock
  Cycle stock is the average amount of inventory a business needs to meet customer demand.  The stock will generally deplete gradually as a business or organization receives orders from customers and replenish according to a cycle as suppliers provide the necessary orders. 
0 Comments

Chase Strategy

2/16/2017

0 Comments

 
Chase Strategy
  Does your company make goods only after receiving an order?  Do they make goods before and then stock them?  These two questions can help clarify how your organization plans and schedules the production or execution of goods and services.  There are many different methods that companies may use, some examples are:  Make to stock, Make to order and Assemble to order.  Whichever strategy a company selects will have a varying degree on the amount of inventory a company holds, how they will produce and how resources are spread through the organization.  The biggest impact is the amount of inventory the company carries which as you may know already is cash availability.

Chase Strategy 

  The chase strategy is one method organizations use to maintain a level inventory while producing at varying rates in order to support demand.  The chase strategy is sometimes referred to as demand matching because the strategy varies production to meet demand.  

Benefits

  The main benefits associated with a chase strategy are:
  • lower inventory levels (free capital resources).
  • Reduced carrying costs 

Example

  When you go to a restaurant for food and place an order the staff will normally pull supplies from a "stable inventory" level and make the order, or in other words "chase the demand."
0 Comments

Countermeasure

1/27/2017

0 Comments

 
Countermeasure
A countermeasure is a measure or action that is taken to counter or offset another one.  In the context of Lean Six Sigma the countermeasure is an action that either a team or an individual takes to bring something back into conformance or compliance with the expected level of performance.  ​
0 Comments

Champion

1/18/2017

0 Comments

 
Lean Six Sigma Champion
  A lean six sigma champion is an individual with a firm understanding of the company's vision, mission and values.  They help to deploy and support the success of an organizational strategy and projects associated with the strategy.  Champions also assist in identifying resources, team leaders and in removing roadblocks.  The champion is accountable for the results of projects and the recognition, definition and assignments which will help achieve a defined level of performance.
For more information on training champions click here!
0 Comments

Customer/Supplier VSM Shape

1/13/2017

0 Comments

 
Customer VSM Shape
  The symbol shown above is used to represent an outside customer/supplier.
0 Comments

Cross-functional team

1/10/2017

0 Comments

 
Cross-functional team
    A cross-functional team is a group of people with different functional expertise, working towards a common goal.  It may include people from operations, engineering, quality and human resources departments. Generally, employees from all levels of an organization are included.  Some members may come from outside the organization to add experience, expertise or a neutral unbiased view.
  Cross-functional teams often function as self-directed teams assigned to a specific task which calls for the input and expertise of numerous departments.

Reference: Wikipedia - Cross-functional team.
Learn more about cross-functional teams online!
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

    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
    May 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