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Business AOS 2
Business AOS 3
Materials Management
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Cards (10)
Forecasting
Is where past
data
and
trends
are used to predict
future
demands so decisions can be made on
material
requirement
Master production schedule
Is a plan which describes what is to be
produced
, in what
quantities
,
where
and
when.
Materials
Requirement plan ( MRP )
is an
itemised
list of all
materials
involved in
production
to meet the orders
Just in time
Is where the right amount of
materials
arrive just as they are needed for
production.
Automated-Production Line
Arranged in a
sequence
of machinery, and
goods
are added to it as it proceeds.
Improved Efficiency by:
Performs tasks
quicker
than humans
Reduced
waste
due to improved accuracy
Improved Effectiveness By:
Increased
Quality
due to improved
accuracy.
Business is able to meet
customer
demand
Robotics
Programmable
machines
, capable of performing
specific
tasks
Improved
Efficiency By:
Performs tasks
quicker
than humans
Reduced
wastage
due to improved
accuracy
Improved Effectiveness By:
Increased
Quality
Business meets
customer
demand
Computer Aided Design ( CAD )
Digital design
software
that
aids
the
creation
, modification and optimisation of a
design
Improved
Efficiency By:
Determine
material
requirements, preventing
overstock
and understock
Using
fewer
resources
Improved Effectiveness By:
Ensuring the product meets
customer
demand
using 3D to view the product to get a realistic perspective
Computer aided manufacture (cam)
Software
and
machinery
which allows computers to direct and control the manufacturing process
Improved
Efficiency
By:
Produced with
fewer
errors
Speeding up
production
Improved
Effectiveness
By:
can enhance product
quality
Artificial Intelligence (AI)
System or Machine that performs tasks that are done by humans
Improve
efficiency
By:
Can identify
errors
in the product early, and correct it.
can monitor materials to ensure there is no
overstocking
or
understocking.
Improve Effectiveness By:
Improved quality of the product being produced
speed up and improve customer service
Online Services
Allows a business to connect with their customers via
social media
Improves efficiency By:
Reduced costs
of operating
Ability to monitor
real-time data
, helping manage
materials.
Improves Effectiveness By:
Increased
accessibility
, and increased customer
satisfaction.
Ability to monitor
Demand
, Plan for materials and
production
needs.