Manufacturing Industry Glossary

Workplace organization methodology

Inventory categorization by value

Aerospace quality management standard

ATO - final assembly after order received

AI-driven production schedule optimization

Manufacturing in groups of identical items

Comprehensive list of materials for production

Abbreviation for Bill of Materials

Constraint limiting production throughput

Determining production resource requirements

Web-based enterprise resource planning

Non-stop manufacturing process

Process to eliminate problem causes

Time to complete one production cycle

Optimal order quantity that minimizes total inventory costs.

ETO - custom design for each order

Enterprise Resource Planning software system

Electronic records regulation for FDA

Scheduling within actual resource limits

Inventory method where oldest stock is used or sold first.

FPY - percentage of defect-free units first time

GMP - quality standards for manufacturing

Automotive quality management standard

System for tracking and controlling stock

Medical device quality management standard

International quality management standard

Abbreviation for Just-in-Time manufacturing

JIT - inventory arrives when needed

Continuous improvement philosophy

Visual signal system for production control

Time from order to delivery

System to eliminate waste and improve flow

MTO - production starts after order received

MTS - production for inventory before orders

MES - software for production execution

MPS - plan for finished goods production

Automated notification of inventory gaps

Abbreviation for Manufacturing Execution System

Material Requirements Planning system

Product or process deviation from specs

Overall Equipment Effectiveness metric

Comprehensive equipment performance metric

Process to prevent potential problems

Scheduled maintenance performed to prevent equipment failures.

Plan for manufacturing operations timeline

Process of assigning work orders to production resources over time.

Mobile barcode scanning for shop floor

System to ensure quality standards

Process to ensure product standards

Live monitoring of shop floor activities

Inventory level triggering replenishment

Method to identify underlying problem causes

Sequence of operations to manufacture item

Buffer inventory to prevent stockouts

Percentage of material wasted in production

Time to prepare equipment for production

Real-time production management system

Methodology to reduce process variation

Documented instructions for routine operations to ensure consistency.

Rate of customer demand

Rate of production output

Holistic approach to equipment maintenance involving all employees.

Ability to track products and materials through all stages of production and distribution.

VSM - visual tool for process analysis

Abbreviation for Work-in-Process inventory

Location where manufacturing operations occur

Authorization to produce specific items

WIP - partially completed inventory

Percentage of good output from input

Accounting sync with manufacturing

Connection between MonitorZ and Zoho apps