Manufacturing Glossary: The Ultimate Guide for Aspiring Professionals and Students!
The Manufacturing Glossary of Terms and Definitions contains a comprehensive listing of common industry terms used to discuss production processes, materials, quality control, supply chain management, maintenance, and operations. It helps teams communicate effectively & improve their understanding of manufacturing related topics. Here are top manufacturing terms, presented below for your information and usages A Activity-Based Costing System: Activity-based costing system is a manufacturing cost accounting method that identifies and assigns costs to specific activities and processes, providing a more accurate view of the true cost of production. Add-On Work: Additional work is added to a maintenance schedule after the scheduled cut-off time. Advanced Planning And Scheduling System: This is a manufacturing software tool that uses real-time data to optimize production schedules, improve resource utilization, and increase overall efficie...