bill of materials Click here for Hint inputs or bill of materials or processes? A description of all raw materials and intermediate assemblies required to create a finished product.
biomimicry Click here for Hint biomimicry or supply chain or incident? The imitation of natural processes and systems.
business analytics Click here for Hint scientific management or business analytics or local optimization? Continuous investigation of business performance using large volumes of data.
ethics Click here for Hint scientific management or sustainability or ethics? Principles governing conduct, delineating good from bad.
goods Click here for Hint goods or inventory or project? Tangible products.
green Click here for Hint ethics or lean or green? Assures sustainability.
incident Click here for Hint project or incident or planning horizon? An unscheduled event requiring immediate resolution.
inventory Click here for Hint inventory or goods or stockpiling? Tangible items awaiting sale or use.
iterative planning Click here for Hint planning horizon or tactics or iterative planning? Deliberately adjusting plans at short intervals, to reflect new information.
lean Click here for Hint lean or green or sustainability? Operating without waste.
local optimization Click here for Hint ethics or scientific management or local optimization? Localized problem solving that ignores any larger problem of which the local decision is a component.
NGO Click here for Hint supply chain or NGO or biomimicry? A nongovernmental organization, understood to be a nonprofit organization as well.
operations Click here for Hint processes or supply chain or operations? A set of activities dedicated to the transformation of inputs into outputs of greater value.
planning horizon Click here for Hint planning horizon or incident or value- added? The farthest point in the future considered in decision making.
processes Click here for Hint tactics or processes or value creation? Activities that transform inputs into outputs.
productivity Click here for Hint strategy or productivity or business analytics? A measurement of value creation, calculated as a ratio of the values of output to input.
project Click here for Hint bill of materials or inventory or project? A unique collection of activities creating a particular outcome.
responsibility Click here for Hint responsibility or productivity or sustainability? An obligation to perform.
scientific management Click here for Hint ethics or business analytics or scientific management? A methodology stressing the use of data collection and analysis to redesign processes and improve efficiency.
services Click here for Hint goods or services or productivity? Intangible products.
stockpiling Click here for Hint bill of materials or stockpiling or business analytics? Producing or securing goods in advance of demand.
strategy Click here for Hint strategy or tactics or business analytics? A methodology and resulting plan that identifies the long-term goals of an organization.
supply chain Click here for Hint biomimicry or bill of materials or supply chain? A system consisting of all organizations that play some role in supplying a particular product to a customer.
sustainability Click here for Hint green or sustainability or ethics? The degree to which activity with immediate benefit does not incur greater costs in the long term.
tactics Click here for Hint responsibility or productivity or tactics? Means to pursue strategic goals with available resources.
tangibility Click here for Hint tangibility or responsibility or sustainability? The degree of perceivable, physical essence of a product.
value-added Click here for Hint goods or value-added or stockpiling? The difference between the total value of the outputs and the total value of the inputs associated with an operation.
value chain Click here for Hint NGO or scientific management or value chain? A system consisting of’ all functions within an organization that play some role in adding value to the organization’s product.
value creation Click here for Hint value creation or sustainability or scientific management? Achieving positive value-added.