Manufacturing Industry Glossary

Your comprehensive guide to manufacturing, ERP, and production management terminology

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5

5S

ArticleContinuous Improvement

Workplace organization methodology

A

ABC Analysis

ArticleInventory Control

Inventory categorization by value

AS9100

ArticleStandards & Compliance

Aerospace quality management standard

Assemble-to-Order

ArticleProduction Strategy

ATO - final assembly after order received

Automatic Scheduling

ArticleMonitorZ Features

AI-driven production schedule optimization

B

Batch Production

ArticleProduction Strategy

Manufacturing in groups of identical items

Bill of Materials

ArticleProduction Management

Comprehensive list of materials for production

BOM

Production Management

Abbreviation for Bill of Materials

Bottleneck

ArticleProduction Management

Constraint limiting production throughput

C

Capacity Planning

ArticlePlanning & Scheduling

Determining production resource requirements

Cloud ERP

ArticleSoftware & Systems

Web-based enterprise resource planning

Continuous Production

ArticleProduction Strategy

Non-stop manufacturing process

Corrective Action

ArticleQuality Management

Process to eliminate problem causes

Cycle Time

ArticleProduction Management

Time to complete one production cycle

E

Economic Order Quantity (EOQ)

ArticleInventory Management

Optimal order quantity that minimizes total inventory costs.

Engineer-to-Order

ArticleProduction Strategy

ETO - custom design for each order

ERP

ArticleSoftware & Systems

Enterprise Resource Planning software system

F

FDA 21 CFR Part 11

Standards & Compliance

Electronic records regulation for FDA

Finite Capacity Scheduling

ArticlePlanning & Scheduling

Scheduling within actual resource limits

First In, First Out (FIFO)

ArticleInventory Management

Inventory method where oldest stock is used or sold first.

First Pass Yield

ArticlePerformance Metrics

FPY - percentage of defect-free units first time

G

Good Manufacturing Practice

ArticleStandards & Compliance

GMP - quality standards for manufacturing

I

IATF 16949

Standards & Compliance

Automotive quality management standard

Inventory Management

ArticleInventory Control

System for tracking and controlling stock

ISO 13485

Standards & Compliance

Medical device quality management standard

ISO 9001

ArticleStandards & Compliance

International quality management standard

J

JIT

Inventory Control

Abbreviation for Just-in-Time manufacturing

Just-in-Time

ArticleInventory Control

JIT - inventory arrives when needed

K

Kaizen

ArticleContinuous Improvement

Continuous improvement philosophy

Kanban

ArticleContinuous Improvement

Visual signal system for production control

L

Lead Time

ArticleProduction Management

Time from order to delivery

Lean Manufacturing

ArticleContinuous Improvement

System to eliminate waste and improve flow

M

Make-to-Order

ArticleProduction Strategy

MTO - production starts after order received

Make-to-Stock

ArticleProduction Strategy

MTS - production for inventory before orders

Manufacturing Execution System

ArticleSoftware & Systems

MES - software for production execution

Master Production Schedule

ArticlePlanning & Scheduling

MPS - plan for finished goods production

Material Shortage Alert

MonitorZ Features

Automated notification of inventory gaps

MES

Software & Systems

Abbreviation for Manufacturing Execution System

MRP

Planning & Scheduling

Material Requirements Planning system

N

Non-Conformance

ArticleQuality Management

Product or process deviation from specs

O

OEE

ArticlePerformance Metrics

Overall Equipment Effectiveness metric

Overall Equipment Effectiveness

ArticlePerformance Metrics

Comprehensive equipment performance metric

P

Preventive Action

ArticleQuality Management

Process to prevent potential problems

Preventive Maintenance (PM)

ArticleMaintenance

Scheduled maintenance performed to prevent equipment failures.

Production Schedule

ArticlePlanning & Scheduling

Plan for manufacturing operations timeline

Production Scheduling

ArticleProduction Planning

Process of assigning work orders to production resources over time.

Q

QR Code Tracking

MonitorZ Features

Mobile barcode scanning for shop floor

Quality Assurance

ArticleQuality Management

System to ensure quality standards

Quality Control

ArticleQuality Management

Process to ensure product standards

R

Real-time Production Tracking

MonitorZ Features

Live monitoring of shop floor activities

Reorder Point

ArticleInventory Control

Inventory level triggering replenishment

Root Cause Analysis

ArticleQuality Management

Method to identify underlying problem causes

Routing

ArticleProduction Management

Sequence of operations to manufacture item

S

Safety Stock

ArticleInventory Control

Buffer inventory to prevent stockouts

Scrap Rate

ArticlePerformance Metrics

Percentage of material wasted in production

Setup Time

Production Management

Time to prepare equipment for production

Shop Floor Control

Production Management

Real-time production management system

Six Sigma

Continuous Improvement

Methodology to reduce process variation

Standard Operating Procedure (SOP)

ArticleQuality Management

Documented instructions for routine operations to ensure consistency.

T

Takt Time

Continuous Improvement

Rate of customer demand

Throughput

Performance Metrics

Rate of production output

Total Productive Maintenance (TPM)

ArticleMaintenance

Holistic approach to equipment maintenance involving all employees.

Traceability

ArticleQuality Management

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

V

Value Stream Mapping

Continuous Improvement

VSM - visual tool for process analysis

W

WIP

Production Management

Abbreviation for Work-in-Process inventory

Work Center

Production Management

Location where manufacturing operations occur

Work Order

Production Management

Authorization to produce specific items

Work-in-Process

Production Management

WIP - partially completed inventory

Y

Yield

Performance Metrics

Percentage of good output from input

Z

Zoho Books Integration

MonitorZ Features

Accounting sync with manufacturing

Zoho Integration

Software & Systems

Connection between MonitorZ and Zoho apps

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