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  2. Lean manufacturing - Wikipedia

    en.wikipedia.org/wiki/Lean_manufacturing

    Lean manufacturing is a method of manufacturing goods aimed primarily at reducing times within the production system as well as response times from suppliers and customers.It is closely related to another concept called just-in-time manufacturing (JIT manufacturing in short).

  3. List of business and finance abbreviations - Wikipedia

    en.wikipedia.org/wiki/List_of_business_and...

    For example, $225K would be understood to mean $225,000, and $3.6K would be understood to mean $3,600. Multiple K's are not commonly used to represent larger numbers. In other words, it would look odd to use $1.2KK to represent $1,200,000.

  4. Just in case - Wikipedia

    en.wikipedia.org/wiki/Just_in_case

    Just-in-case manufacturing (JIC) is a term sometimes applied to traditional manufacturing systems used before the influence of modern technologies and newer transportation infrastructures. It is the contrary in many ways to the recently evolved Just In Time manufacturing system.

  5. Bosses: Gen Z and millennial workers have no clue what ... - AOL

    www.aol.com/finance/bosses-gen-z-millennial...

    Meaning: Search Engine Optimisation 5. FTE Meaning: Full Time Equivalent 6. AWOL Meaning: Absent Without Leave 7. IRL Meaning: In Real Life 8. B2B Meaning: Business-to-business 9. WFH Meaning ...

  6. Toyota Production System - Wikipedia

    en.wikipedia.org/wiki/Toyota_Production_System

    Just-in-time [6] – meaning "Making only what is needed, only when it is needed, and only in the amount that is needed" Jidoka [7] – (Autonomation) meaning "Automation with a human touch" Toyota has developed various tools to transfer these concepts into practice and apply them to specific requirements and conditions in the company and business.

  7. Kaizen - Wikipedia

    en.wikipedia.org/wiki/Kaizen

    An enhancement of "just-in-time" is the so-called "just in sequence" (JIS). Based on the JIT principle, the products are also delivered to the customer in the correct sequence. JIT is now standard throughout the automotive industry. It is used, for example, for interior parts (seats, airbags, steering wheels, dashboards) or painted parts.

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    www.my.aol.com

    AOL latest headlines, news articles on business, entertainment, health and world events.

  9. Kanban - Wikipedia

    en.wikipedia.org/wiki/Kanban

    Kanban (Japanese: 看板 meaning signboard) is a scheduling system for lean manufacturing (also called just-in-time manufacturing, abbreviated JIT). [2] Taiichi Ohno, an industrial engineer at Toyota, developed kanban to improve manufacturing efficiency. [3] The system takes its name from the cards that track production within a factory.