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Chapter 3 Key Terms
Introduction to supply chain and operations management (oper1420)
Conestoga College
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Chapter 3 – Word List Black box design - A situation in which suppliers are provided with general requirements and are asked to fill in the technical specifications. Commercial preparation phase - The fourth phase of a product development effort. At this stage, firms start to invest heavily in the operations and supply chain resources needed to support the new product or service. Concept development phase - The first phase of a product development effort. Here a company identifies ideas for new or revised products and services. Concurrent engineering - An alternative to sequential development in which activities in different development stages are allowed to overlap with one another, thereby shortening the total development time. Design and development phase - The third phase of a product development effort. Here the company starts to invest heavily in the development effort and builds and evaluates prototypes. Engineering change - A revision to a drawing or design released by engineering to modify or correct a part. Gray box design - A situation in which a supplier works with a customer to jointly design the product. Launch phase - The final phase of a product development effort. For physical products, this usually means "filling up" the supply chain with products. For services, it can mean making the service broadly available to the target marketplace. Modular architecture (modularity) - A product architecture in which each functional element maps into its own physical chunk. Different chunks perform different functions; the interactions between the chunks are minimal, and they are generally well defined. Parts standardization - The planned elimination of superficial, accidental, and deliberate differences between similar parts in the interest of reducing part and supplier proliferation. Planning phase - The second phase of a product development effort. Here the company begins to address the feasibility of a product or service. Presourcing - The process of preapproving suppliers for specific commodities or parts. Product design - According to the PDMA, "the overall process of strategy, organization, concept generation, product and marketing plan creation and evaluation, and commercialization of a new product." Product development process - According to the PDMA, "the overall process of strategy, organization, concept generation, product and marketing plan creation and evaluation, and commercialization of a new product."
Robust design (repeatability) - According to the PDMA, "the design of products to be less sensitive to variations, including manufacturing variation and misuse, increasing the probability that they will perform as intended." Sequential development process - A process in which a product or service idea must clear specific hurdles before it can go on to the next development phase. Serviceability - The ease with which parts can be replaced, serviced, or evaluated. Target Costing – The process of designing a product to meet a specific cost objective. Testability - The ease with which critical components or functions can be tested during production. Value analysis - A process that involves examining all elements of a component, an assembly, an end product, or a service to make sure it fulfills its intended function at the lowest total cost.
Chapter 3 Key Terms
Course: Introduction to supply chain and operations management (oper1420)
University: Conestoga College
