Manufacturing

Assemble-to-Order (ATO)
Assemble-to-Order (ATO) is a production strategy that allows for customization with speedy delivery.
Bill of Materials (BOM)
A centralized source of information containing a list of raw materials, components, and instructions for product construction or repair, often displayed in a hierarchical format with a touch of humor!
Bottleneck
A bottleneck is a point of congestion in a production system that halts or severely impedes the process; it's where the productivity stops flowing smoothly.
Kanban
Kanban is an inventory control system used in just-in-time manufacturing for tracking production.
Lead Time
Lead time is the time that passes from the start of a process until its conclusion.
Maquiladora
Definition and Insights on Maquiladoras: The Cross-Border Manufacturing Model
Mass Customization
The process of delivering market goods and services tailored to individual customer needs while maintaining low costs.
Original Equipment Manufacturer (OEM)
A witty dive into the world of Original Equipment Manufacturers - where good parts make great products!
Quality Control Chart
A graphical representation of the performance of a process or product against intended specifications.
Work Cell
A logical and strategic arrangement of resources in a business environment aimed at improving efficiency and reducing waste.

Jokes And Stocks

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