Glossary

Metric about the overall effectiveness of production equipment

Key figure in supply chain management and logistics.

Single-piece flow or transfer

short training on a specific topic

Instrument that ensures flexible access to all relevant information in the engineering and production process

"ODD" stands for "Operational Due Diligence" in the context of company takeovers, mergers or investments.

Refers to a company's operational activities and processes.

Business process that covers the entire process from placing an order to receiving payment for goods or services.

Overall equipment effectiveness, is a KPI for measuring and increasing machine, plant and operational productivity

Describes the efficiency of a system or plant in terms of its overall performance in relation to the resources used.

. Overproduction refers to the manufacture of goods that exceed demand.