MRP and production planning Definitions

  • A

    advanced planning and scheduling (APS)

    Advanced planning and scheduling (APS) is a type of system that tracks costs based on the activities that are responsible for driving costs in the production of manufactured goods. (Continued)

  • C

    cartonization

    Cartonization is a process that uses algorithms to evaluate the items in an order to determine the number and size of each carton needed to ship the order.

  • D

    demand flow scheduling system

    A demand flow scheduling system is a software product designed to optimize demand-based manufacturing practices. (Continued)

  • Demand Planning

    Demand planning is the process of forecasting the demand for a product or service so it can be produced and delivered more efficiently and to the satisfaction of customers.

  • demand-driven manufacturing (DDM)

    Demand-driven manufacturing (DDM) is an approach to manufacturing where production is based on actual orders rather than forecasts.

  • discrete manufacturing

    Discrete manufacturing is an industry term for the manufacturing of finished products that are distinct items capable of being easily counted, touched or seen.

  • E

    engineering bill of materials (EBOM)

    An engineering bill of materials (EBOM) is a product recipe structured from the design standpoint, rather than the manufacturing standpoint.

  • F

    finite capacity scheduling

    In manufacturing, finite capacity scheduling is an approach to understanding how much work can be produced in a certain time period, taking limitations on different resources into consideration.

  • G

    GMP (good manufacturing practice)

    A good manufacturing practice (GMP) is one that conforms to the guidelines set by the regulatory agencies that control authorization and licensing for the production and sale of food, beverages and active pharmaceutical products.

  • go-live (go live)

    In software development, go-live is the time at which code moves from the test environment to the production environment. As a verb, go-live means to make such an event happen.

  • H

    hybrid manufacturing

    Hybrid manufacturing is a term that describes combining additive manufacturing and subtractive manufacturing in a single machine system.

  • I

    inventory management

    Inventory management is the supervision of non-capitalized assets, or inventory, and stock items.

  • inventory turns

    Inventory turns are a popular measurement used in inventory management to assess operational and supply chain efficiency. Also referred to as inventory turnover and inventory turnover ratio, the inventory turns ratio is calculated by dividing the annual cost of goods sold (COGS) by the amount of average inventory.

  • K

    Kaizen (continuous improvement)

    Kaizen is an approach to creating continuous improvement based on the idea that small, ongoing positive changes can reap significant improvements.

  • L

    lean manufacturing (lean production)

    Lean manufacturing is a methodology that focuses on minimizing waste within manufacturing systems while simultaneously maximizing productivity.

  • M

    makerspace

    A makerspace is a community center that provides technology, manufacturing equipment and educational opportunities to the public.

  • Manufacturing operation management (MOM)

    Manufacturing operation management (MOM) is an approach of overseeing all aspects of the manufacturing process with a particular focus to increase efficiency.

  • material requirements planning (MRP)

    Material requirements planning (MRP) is a system for calculating the materials and components needed to manufacture a product. It consists of three primary steps: taking inventory of the materials and components on hand, identifying which additional ones are needed and then scheduling their production or purchase.

  • model-based enterprise

    Model-based enterprise (MBE) is an engineering strategy that aims to clarify design intent during the manufacturing process, resulting in better quality of the products, reduced costs and more efficiency.

  • O

    overall equipment effectiveness (OEE)

    Overall equipment effectiveness is a measure of manufacturing operations performance and productivity, expressed in a percentage.

  • P

    poka-yoke

    A poka-yoke is a mechanism that is put in place to prevent human error. The purpose of a poka-yoke is to inhibit, correct or highlight an error as it occurs.

  • process manufacturing

    Process manufacturing is a production method that creates goods by combining supplies, ingredients or raw materials using a formula or recipe.

  • Q

    quality function deployment

    Quality function deployment (QFD) is the translation of user requirements or requests into designs. The goal of QFD is to build a product that does exactly what the customer wants instead of delivering a product that emphasizes expertise the builder already has.

  • S

    sales and operations planning (S&OP)

    Sales and operations planning (S&OP) is a process for better matching a manufacturer's supply with demand by having the sales department collaborate with operations to create a single production plan.

  • strategic sourcing

    Strategic sourcing is an approach to supply chain management that formalizes the way information is gathered and used so that an organization can leverage its consolidated purchasing power to find the best possible values in the marketplace.

  • Supplier performance management (SPM)

    Supplier performance management (SPM) is a blanket term for any business practice that is designed to manage, measure and analyze the performance of a supplier or suppliers in a network.

  • T

    tooling

    Tooling, also known as machine tooling, is the process of acquiring the manufacturing components and machines needed for production. 

  • V

    value stream mapping

    Value stream mapping is a Toyota lean manufacturing visualization tool for documenting all the processes that are required to bring a product to market.

  • virtual commissioning

    Virtual commissioning is the practice of using 3D technology to create a simulation model of a manufacturing plant so that proposed changes and upgrades can be tested before they are implemented to the actual plant.

  • virtual manufacturing

    Virtual manufacturing (VM) is the use of computers to model, simulate and optimize the critical operations and entities in a factory plant.

  • W

    work in progress (WIP)

    Work in progress (WIP), also called work in process, is inventory that has begun the manufacturing process and is no longer included in raw materials inventory but is not yet a completed product.

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