When goods are pulled through the system to match the demand instead of being pushed through.

Working more with suppliers to coordinate shipments, reduce lead times, and resuce supply chain inventories to prevent stockouts and to lowering inventory carrying costs.

According to our previous lecture, how many percent does businesses usually spend to raw materials?

The function responsible for the coordination of several elements in an optimum manner to provide service to customers at a minimum cosst.

The process of an efficient identification of unnecessary cost which provides neither quality now use of life nor appearance nor customer features.

Who introduced the Value Analysis technique?

Inventory materials are also called _____________.

Refers to the arrangement of equipment, materials, and manpower to boost or improve productivity.

The major objective of facility layout is to eliminate __________ in the workplace.

One of the main priorities of facility layout is to provide a safe and better working environment to its ____________.

In this type of layout, they keep similar machines and similar operations in one place.

This type of layout is used when the raw materials are performed in a sequence and the machines are placed accordingly in a production flow line.

This type of layout is used when the product has to remain in one spot and its workers and materials are the one who work around it.

Product Layout is also called ____________.

What platform introduces the beauty of online streaming in the Philippines?

Netflix is an online streaming platform that gives its customers an access to a wide variety of movies and series. What year was Netflix introduced to the market?

Netflix is an online streaming platform that gives its customers an access to a wide variety of movies and series. How many years of business are they celebrating this year?

What term do we use when we have to pay a company on a monthly basis for us to be able to use its service or product offering.

What was the problem that Netflix was trying to resolve when they open their business to its market many years ago?

The Netflix company started as an ____________ store.

Netflix is founded by Marc Randolph and ____________.

The famous Netflix operational process was Rip. Sort. ________.

What is the first stage of Operational Competitiveness?

The initial stage of Operational Competitiveness focuses on being _________ to the needs of the customer.

The motivation to jump on the Stage 2 of Operational Competitiveness is because of the recognition of the presence of ___________.

The Journeyman stage in Operational Competitiveness also opens the idea of doing benchmarking. What does 'benchmarking' means?

This stage of Operational Competitiveness is when business reached a point where they continually excel.

What is the final and peak stage in Operational Competitiveness that all businesses should desire to achieve?

One of the biggest game-changer in achieving the highest Operational Competitiveness stage is the use of ________.

In technology, "breaking the mold" means:

J.D. Thompson introduces this strategy for company's to achieve the highest level of operational competitivess.

This strategy introduces the concept of breaking up large unfocused plant into small units for better monitoring.

This strategy encourages employees to focus on one task in one particular time to promote experience and effectiveness.

The Perfect World Model ultimate goal is to provide the best service by having the best ____________ system.