The responsibility of the supplier to dispose of packaging materials or environmentally sensitive materials such as heavy metals.
histogram
Genchi genbutsu
Japanese word for visit the shop floor to observe what is occurring
General-purpose machinery
Manufacturing resources that can perform several kinds of operations
Gross margin
Total revenue - Cost of goods sold
Hoshin kanri (Hoshin planning)
Breakthrough planning. A Japanese strategic planning process in which a company develops up to 4 vision statements that indicate where the comp. should be the next 5 years. Comp. goals and wrk plans are dev based on the vision statements.
Heijunka
In JIT philosophy, an approach to level production through the supply chain to match the planned rate of end product sales
GAAP (Generally accepted accounting practices)
Accounting practices that conform to conventions, rules, and procedures that have general acceptability by the accounting profession