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| Offering products or services to the world, typically online. |
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| Reducing waste, increasing efficiency or reducing cost of production; typically speaking about manufacturing. |
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| A form of saying what is already known but using big words and long sentences to make it sound more important than it is. |
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| provides input and output passed between departments and is coordinated through open communication. |
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| When a project spends more money then they planned on to complete the project. |
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| sustainability is not confined to environmental concerns but should also include operational, energy, health and welfare, safety and security, market, financial, economic and social sustainability. |
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| Taking a plan and turning into objective and steps |
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| The planning process, process management, process improvement, total participation and customer focus model |
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| Setting standards to practices and strategies based on what other companies are doing. |
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| system management concept employed by some organizations to optimize the factors of material costs, quality and service |
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| A supply chain management style that provides just enough supplies in time to complete the days work. |
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| The contracting or subcontracting of noncore activities to free up cash, personnel, time, and facilities for activities in which a company holds a competitive advantage |
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| A Business continuity plan |
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| a plan that can be put into action if a situation arises where normal process flow is affected due to some issue with a particular activity. |
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| Checks that need to be performed multiple times throughout the entire production process |
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| A group of people from different departments that is brought together to help develop a plan. |
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| A management team that is of close age, gender and background |
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| Opposite of homogeneous, a management team has a diverse background. |
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| Process of planning, controlling, monitoring and reviewing a project. |
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| Sustainability, environmental and social performance. |
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| process by which businesses receive raw materials, add value to the raw materials through various processes |
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