Unit 5

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Flashcards on Unit 5, created by Sonam Bhuka on 04/01/2018.
Sonam Bhuka
Flashcards by Sonam Bhuka, updated more than 1 year ago
Sonam Bhuka
Created by Sonam Bhuka almost 7 years ago
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Resource summary

Question Answer
What's on-spec error-free, having the required specifications
What's lead-time time from placing the order to receiving the delivery
concept brief? a clear statement describing: form function purpose benefits of a product
feasibility? can we actually do this: skills, capacity, resources
downside risk Kehrseite, Schattenseite
standardization = Normierung restricted variety
a commonality = Gemeinsamkeit using the same components
time-to-market = time taken from concept brief to the launch
roll-out? phase of introduction of a product
What's the upstream = supply side; means first- and second-tier supplier
What's the downstream = demand side; means first- and second-tier customers
procurement? = sourcing & purchasing from suppliers
to opt for etw. wählen, sich für etw. entscheiden
virtual operation? a company buys in the range of function it needs for a specific project; at the end, the network disappears
RFID tags radio frequency identification for items: tells you where it is, when and where it was made
EPOs electronic point-of-sale: technology that handles payment and updates stock records
OEM Original Equipment Manufacturer: supplies parts and components that are used by other companies
to draw up a bill of materials = erstellen hier: eine Materialliste erstellen
to compile erstellen
criteria parameters Kriterien Kennzahlen
sophisticated anspruchsvoll, ausgefeilt
RFQ request for quotation: price someone will charge you for a piece of work
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