Finished Product: What it is, Definition, Objective and Control
A product refers to something that is generated through the production process. Within the framew...
What is the supply chain?
A supply chain It is that chain of processes involved in the action of satisfying the needs of th...
What are Semi-finished Products?
To talk about semi-finished products, you must first know some important and related terms. We st...
The Fulfillment Model (What it is, Elements, Configurations and Uses)
Fulfillment, is a term that is used in logistics, to specify the process that contains all the ph...
What are Products in Process?
The products in process are those that are being manufactured, because each item that we buy in a...
APQP or Advanced Product Quality Planning (What is it, Phases and Examples)
APQP It is a defined process for product development in various industries, especially automotive...
What is Dap and Dop?
A process or group of activities related and destined to generate a result, can be analyzed by me...
Series Production (History, Types, Characteristics and Advantages)
The serial production, also known as chain production or mass production, it is about carrying ou...
Inventories of Finished Products: What it is and How it is Managed
For any company, one of its most precious and valuable assets is its inventories. The amount of t...
Risk Premium (Definition, Classification and Effects)
To define exactly the meaning of risk premium, We can say that it is the premium that a certain i...