Improving Productivity Through Waste Minimisation (VCE SSCE Business Management): Flashcards

📚Flashcards
Improving Productivity Through Waste Minimisation
Sign up to keep revising.Create a free account to study more flashcards and track your progress.

Practise the cards

10 cards from this deck

Show

Waste definition

Activity that doesn't add value for customer

TIMWOODS

8 types of waste mnemonic

Transportation waste

Unnecessary movement of items/info/people

Inventory waste

Excess stock costs: storage, insurance, obsolescence

Most serious waste type

Overproduction (leads to other wastes)

Skills waste

Underutilising employee potential/capabilities

4R principle

Reduce, Reuse, Recycle, Recover

Most important R in 4R principle

Reduce (prevents waste at source)

Waste minimisation benefit: disposal

Lower fees for collection, transport, disposal

Revenue from waste minimisation

Selling recyclable materials

Explore VCE SSCE Business Management Revision Notes by Topics

Explore VCE SSCE Business Management Model Answers by Topics

Explore VCE SSCE Business Management Quizzes by Topics

Explore VCE SSCE Business Management Exam Questions by Topics

Join 100,000+ SSCE students studying Flashcards with us.

Select your subjects, and get access to A+ resources today.