©2015-2021 Lean Strategies International LLC.
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.
Components are a little different from raw materials. For example, Computers are made up of many different parts, such as a motherboard, CPU, RAM, and hard drive. Each of these parts are made up of smaller parts. We call these smaller parts components.
Examples of Components:
Subscribe below and receive lean, six sigma, operations, supply chain, logistics, distribution and business terms in your mailbox.
CLICK HERE TO SUBSCRIBE