Operations Managment

1) What is MRP? MRP stands for Material Requirements Planning. It is a system used to decide: In simple words:...

1) What is a vendor? A vendor or supplier is the person, company, or organization that provides materials, components, tools,...

1) What is stores management? Stores management means receiving, storing, protecting, and issuing materials in a proper and systematic way...

1) What is Production Planning and Control? Production Planning and Control, usually called PPC, is the function that makes sure...

Purchase management means buying the right materials, in the right quantity, of the right quality, at the right time, from...

1) What is Supply Chain Management? Supply Chain Management, or SCM, means managing the flow of materials, information, and goods...

1) What is production scheduling? Production scheduling means deciding when each job should start, how long it should take, where...

1) What is plant layout? Plant layout means the physical arrangement of machines, departments, equipment, workers, storage areas, and service...

1) What is location analysis? Location analysis means choosing the best place for a business to operate. That place may...

1) What is capacity? Capacity means the maximum ability of a business to produce goods or services in a given...