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Operations strategy and lean production

Introduced
Handout Watch lesson
Vocabulary
English Meaning
waste/weɪst/The unnecessary or inefficient use of resources, time or effort.
lean production/liːn prəˈdʌkʃn/An approach to production that reduces waste while maintaining value for the customer.
just-in-time/dʒʌst ɪn taɪm/A production and inventory approach in which supplies arrive close to when they are needed, reducing stock held.
kaizen/ˈkaɪzn/kaizen
continuous improvement/kənˈtɪnjuːəs ɪmˈpruːvmənt/continuous improvement
cell production/sel prəˈdʌkʃn/cell production
suppliers/səˈplaɪəz/Businesses or people that provide goods, materials or services to another organisation.

Handout

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IGCSE, A-Level & AP