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Value-chain management  The development of a set of functional-level strategies that increase the performance of the operating system a company uses to transform inputs into finished goods and services.
Total quality management (TQM)  A management technique that focuses on improving the quality of an organization's products and services.
Quality circles  Groups of employees who meet regularly to discuss ways to increase quality.
Inventory  The stock of raw materials, inputs, and component parts that an organization has on hand at a particular time.
Just-in-time (JIT) inventory system  A system in which parts or supplies arrive at an organization when they are needed, not before.
Facilities layout  The process of designing the machine-worker interface to increase production system efficiency.
Flexible manufacturing  The set of techniques that attempt to reduce the costs associated with an operating system.
Process reengineering  The fundamental rethinking and radical redesign of business processes to achieve dramatic improvement in critical measures of performance such as cost, quality, service, and speed.
Boundary spanning  Interacting with individuals and groups outside the organization to obtain valuable information from the environment.
Gatekeeping  Deciding what information to allow into the organization and what information to keep out.







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