Group Technology Notes: Definitions & Explanations PDF | Download eBooks
Study Group Technology lecture notes PDF with supply chain management definitions and explanation to study “What is Group technology?”. Study group technology explanation with SCM terms to review supply chain management course for online MBA programs.
Group Technology Definition:
A product and component coding system that specifies the size, shape, and type of processing; it allows similar products to be grouped.
Operations Management: Sustainability and Supply Chain Management by Jay Heizer, Barry Render, Chuck Munson
Group Technology Notes:
This technology is mostly used by the manufacturing industries and those who are involved in the mass production. In this the firms combine the production of those products hat have similar geometric structure and process of manufacturing. Also same in the case if firm face any problem and have solution as for previous one.
Keep Learning with Supply Chain Management Notes
What is First-in, first-out (FIFO) Rule?
First in, first out (FIFO) is an advantage the executives and valuation technique wherein the benefits delivered or procured first ...
What is Distribution Resource Planning (DRP)?
Circulation Resource Planning (DRP-II) is an all-inclusive variant of Distribution Requirement Planning (DRP-I). Dispersion Requirement Planning is a procedure which ...
What is N-Form Organization?
N-structure is described and recommended as increasingly fitting. It involves mix of learning instead of its division, which is the ...
What is Focus forecasting?
It negates the statistical method of forecasting and tells that organizations should focus on the past rules and strategies and ...
What is Loading?
A load implies the amount of work, and allotting the amount of work to the procedures important to make every ...
What is Computer Numerical Control (CNC)?
PC Numerical control is the mechanized control of machining apparatuses and 3D printers by methods for a PC. A NC ...