Description
- Capacity Planning: Capacity planning involves determining the optimal production capacity to meet demand efficiently while avoiding overproduction or underutilization.
- Continuous Improvement: Continuous improvement is an ongoing effort to enhance processes, products, and services to achieve higher quality and efficiency.
- Cost-Benefit Analysis: Cost-benefit analysis assesses the benefits gained from a project or action compared to the associated costs, aiding decision-making.
- Critical Path: The critical path is the sequence of tasks in a project that determines the shortest time to completion, helping project scheduling.
- Cycle Time: Cycle time is the duration required to complete a process or task, often used to identify bottlenecks and improve efficiency.
- Customer Relationship Management (CRM): CRM involves managing interactions with customers to build relationships and enhance satisfaction.
- Cash Flow: Cash flow is the movement of money into and out of a business, crucial for financial planning and liquidity management.
- Cross-Docking: Cross-docking is a logistics practice where products are directly transferred from inbound to outbound transportation, reducing storage time.
- Compliance: Compliance refers to adhering to laws, regulations, and industry standards to ensure ethical and legal business operations.
- Conveyor System: A conveyor system is a mechanical handling equipment used to move materials or products from one location to another.
- Capacity Utilization: Capacity utilization measures the extent to which a facility or resource is used compared to its maximum potential, optimizing efficiency.
- Cost of Goods Sold (COGS): COGS is the direct cost of producing goods, a vital factor in determining profitability.
- Critical Stock Level: Critical stock level is the minimum quantity of inventory required to avoid stockouts and maintain production.
- Customer Segmentation: Customer segmentation involves categorizing customers into groups based on shared characteristics to tailor marketing and services.
- Cellular Manufacturing: Cellular manufacturing organizes production into self-contained cells, enhancing flexibility and reducing lead times.
- Cash-to-Cash Cycle Time: Cash-to-cash cycle time measures the time it takes to convert investments in inventory back into cash, affecting financial health.
- Collaborative Planning, Forecasting, and Replenishment (CPFR): CPFR is a supply chain practice that involves joint planning and decision-making among trading partners.
- Carrying Cost: Carrying cost includes expenses associated with holding inventory, such as storage, insurance, and depreciation.
- Continuous Replenishment: Continuous replenishment involves automatically replenishing inventory as it is consumed, minimizing stockouts.
- Customs Clearance: Customs clearance is the process of ensuring imported or exported goods comply with customs regulations.
- Cost Variance: Cost variance measures the difference between budgeted and actual costs in a project or operation.
- Cross-Functional Team: A cross-functional team consists of members from different departments working together on a specific project or task.
- Capacity Constraint: A capacity constraint is a resource or process with limited capacity, often causing production delays.
- Change Management: Change management focuses on facilitating organizational change and ensuring successful adoption of new processes or technologies.
- Consignment Inventory: Consignment inventory is stock that is held and managed by a supplier until it is used by the customer, reducing carrying costs.
- Customer Service Level: Customer service level measures how effectively an organization meets customer expectations and demands.
- Continuous Flow: Continuous flow production is a manufacturing approach where items move through production without interruption, minimizing work in progress.
- Cycle Counting: Cycle counting is a method of regularly auditing a portion of inventory items to maintain accuracy without a full physical inventory count.
- Constraint Management: Constraint management identifies and manages bottlenecks or constraints in processes to optimize throughput.
- Cost of Quality (COQ): COQ includes all costs related to achieving and maintaining quality standards, encompassing prevention, appraisal, and failure costs.
