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Serial tendering definition
Serial tendering definition








serial tendering definition

Synonyms of tender from the Merriam-Webster Thesaurus, with definitions, antonyms, and related words. There are seven kinds of muda that are addressed in the TPS: over production, time on hand (waiting), transportation, processing itself, stock at hand, movement, making defective products.

serial tendering definition serial tendering definition

The main objectives of the TPS are to design out overburden (muri) and inconsistency (mura), and to eliminate waste (muda). The Toyota Production System (TPS) is a integrated socio- technical system, developed by Toyota, that comprises its management philosophy and practices. Waste in this context is not only seen in the physical waste materials and waste energy, but also in over- production, materials handling, over- processing, inventory, defects and rework. Technological Social Organisational Optimization. Many cases could therefore also fit into other boxes in the grid. New economic approaches and opportunities see the daylight. The untransparent and linear model of take, make, dispose has reached it's limits. Commodity prices soar, new middle classes emerge, technology leaps ahead and consumers raise their voices. To grab the opportunities of a sustainable future, innovations need to introduce environmental and social considerations at the core of the business model. This grid aims to inspire businesses to reconceive how they operate and to become more future proof.










Serial tendering definition