Glossary
is the "80/20 rule", according to which 20% of all causes cause 80% of the results
Stands for planning, doing, checking, acting.
describes a systematic problem-solving process
Trend in the food industry.
Method for improving energy efficiency and optimizing resources.
Nutritional products based on plant proteins.
Approach according to which companies develop and use standardized modules, components or technologies.
Programmable logic controller
The acronym "PoS" stands for "Point of Sale".
Avoiding errors by constructively designing a product so that no mistakes can be made during production.
strategic planning, target agreement process
The term refers to the process of bringing together and integrating two or more companies following a merger or acquisition.
Process of reorganization or change that takes place after a transaction has been completed.
Sampling and release of series parts, which are made from out-of-tool parts as per requirements
strategy in which preventive measures are taken to correct potential errors before they occur
Process of generating organic matter by living organisms.
The acronym "PE" stands for "Private Equity".
"Process industry" refers to a branch of industry that converts raw materials or chemical substances into various end products.
Visual documentation/presentation of actual processes/sequences
Process Mining Als Prozessmanagement-Technik ermöglicht Process Mining die Rekonstruktion und Auswertung von Geschäftsprozessen anhand von digitalen Spuren in IT-Systemen.
Key figure relating to how stable a production process runs
Sum of the cycle times within a process
Describes the structure and organization of a product in terms of its various components, elements and their interactions.
Process in which a company compares its own products or services with those of competitors
Method of determining the costs incurred in the manufacture of a product.
Management and control of costs associated with the production of a product or service
Total costs incurred in the manufacture of a product
In addition to the development of production-ready products to meet customer/market requirements, the product development process (PDP) is also concerned with the safe and efficient transfer of products to series production.
Phases, which a product passes through during its existence
Refers to the totality of all products or services offered by a company
Process of merging production sites or facilities.
All expenses incurred to produce a product ready for sale.
The entirety of production locations, suppliers and logistics routes.
goods are manufactured only once they are requested
Process by which companies plan the manufacture of products
Means smoothing unevenly occurring orders into smaller manufacturing volumes.
Represents, together with the resources and production facilities, the rules and the method according to which certain processes are carried out in manufacturing.
Financial profit that a company makes when income exceeds expenses.
A company's ability to generate profits; ratio of income to expenses.
communication rules in networks
Visual documentation/presentation of actual processes/sequences
Means a pull production system: material is provided only as a result of an order.
After completion of one process step, parts are provided for the next process step