Dictionary

“It is a visual team tool used to brainstorm possible root causes to a problem. 6M: man, machine, method, mother nature, materials, measurement Includes repeatedly asking […]

Flow is a time based competitive strategy. The refocusing of attention from cost to time provides organization with immerse competitive advantage. The starting point for most […]

An acronym for Failure Modes and Effects Analysis. A tool used to assess the risk inherent to a process or product and develop an action plan […]

A graphical means to document the functionality of a product or sub- system. It will show the process of the design of the product by showing […]

Gemba means “Go and See”. Gemba walk can be used to observe the standard or target against the actual process in real time. The purpose of […]

Histogram represents the frequency and distribution of data. Trends and outliners can be quickly spotted. Generally the more bell shaped the graph contour is, the more […]

“Hoshin means: compass or pointing direction. Kanri means: management or control Hoshin Kanri is 3-5 years strategy; accountability is assigned and execution is monitored on a […]

“Hypothesis tests are embedded in many of the inferential statistics that we use such as t-tests. A “p-value” is the probability of obtaining a result at […]

A method of strategically maintaining inventory levels to service system or customer. Use this tool to determine where and how much inventory to carry and how […]

Kaizen is a Japanese word used for continuous improvement. It is one of the main pillar of Lean. Continuous improvement opportunities are endless. It creates a […]

Kaizen events or rapid improvement workshop are usually takes 3-5 days. Should be deployed strategically to improve a specified value stream. The workshop could highlight the […]

Kanban is a visual management concept to facilitate the flow of work. It reduces inventory through the calculation of quantities based on real end user demand […]