Terms from A-Z
The term Lean derives from the improvement methodologies developed, refined and applied to the specific business needs of Toyota. These methodologies are commonly referred to as the Toyota Production System (TPS) or the Toyota Business System. In its entirety, TPS has many techniques of implementation, methodologies for deployment and tools for tactical analysis. To be successful, all of the above must be supported by a management philosophy that creates a culture of continuous improvement. This combination of understanding, maturity and tactical skill, when developed and deployed properly, enables performance improvements through the identification and elimination of “waste”.
Simply Lean Management:
To improve your understanding of Lean terminology, this LPM Academy glossary serves.
Special | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | ALL
B |
---|
Breakthrough ObjectivesIn Strategy Deployment, those objectives
characterized by multi-functional teamwork, significant change in
the organization,
significant competitive advantage and major stretch for the
organization. | |
Buffer time | |
Bulletin Board Systems"Bulletin board" on which callers leave their messages. If customer
inquiries land on a bulletin board, for
example, they can be read by several people until the responsible
employee answers and removes them. This avoids the repetitive
processing of similar inquiries. Source: Report Knowledge
Management: How German Companies Make Their Knowledge Profitable
Editors: Prof. Dr. C.H. Antoni, Dr. Ing. T.Sommerlatte | |
Business Process ManagementBusiness process
management refers to the active operation of a business process model, i.e.
the holistic management of all processes running in the company,
including consideration of the external interfaces (e.g. to
suppliers, outsourcers, customers). This
includes all process-related,
organizational and controlling aspects in
relation to the business processes. If one follows this definition,
it becomes clear very quickly that BPM is more than just
the description of business processes in any way. (Source:
dms-akademie.com) See also: Business Process
Management | |
Business Process ManagementBusiness process
management refers to the active operation of a business process model, i.e.
the holistic management of all processes running in the company,
including consideration of the external interfaces (e.g. to
suppliers, outsourcers, customers). This
includes all process-related,
organizational and controlling aspects in
relation to the business processes. If one follows this definition,
it becomes clear very quickly that BPM is more than just
the description of business processes in any way. (Source:
dms-akademie.com) | |
C |
---|
Calendaring | |
Capacity planningCapacity planning is the part of project planning for
the distribution of capacities to subsystems, calendar months/weeks
and project phases. | |
Capacity requirements planning | |
Cartography systemsVisualization tools as alternatives to the purely textual communication of
knowledge, such as graphical navigation aids or hyperbolic trees
for the representation of hierarchical information structures.
Source: Report Knowledge Management: How German Companies Make
Their Knowledge Profitable. Publisher: Prof. Dr. C.H. Antoni, Dr.
Ing. T.Sommerlatte | |
Cash flow analysisThis term is used in the area of project controlling
and refers to the determination of the financial progress of
a project. An
observation period is used within which the financial surplus
generated by the operating activity/project is expressed
in terms of the cash flow indicator. This shows which financial
resources were
available to the company during the current sales process to cover
repayments, capital expenditures, etc., whereby the current
operating expenses have already been deducted within the cash flow.
The controller must be aware that the cash flow indicator only
reflects the financial resources that have
flowed in and out during a period, not the
capital available on the balance sheet date. (Source:
Mehrmann/Wirtz) | |