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4MCI Units 1 - 4

  •  English    20     Public
    International Trade
  •   Study   Slideshow
  • a legal or official rule that determines how something is done
    regulation
  •  15
  • planned well, in order to achieve a specific goal
    strategic
  •  15
  • taking a step towards achieving a bigger goal
    tactical
  •  15
  • the process of purchasing supplies, products or equipment for a company
    procurement
  •  15
  • a document posted by a company to receive bids from potential service providers
    request for proposal (RFP)
  •  15
  • a system of machines, workers, and equipment
    assembly line
  •  15
  • to determine the previous and current locations of an item
    track and trace
  •  15
  • something that slows or stops the progress of materials
    bottleneck
  •  15
  • an assigned space in which an employee performs daily operations
    work station
  •  15
  • to organize and bring up to date
    streamline
  •  15
  • the control of a device or system using mechanical or electronic tools
    automation
  •  15
  • the transportation of raw materials, parts, and products down a supply chain
    material flow
  •  15
  • the place at which a product is implemented
    point of use
  •  15
  • a site where solid waste is stored between layers of soil
    landfill
  •  15
  • all types of items that a company wishes to dispose of
    production waste
  •  15
  • to reduce something to the smallest possible amount or impact
    minimize
  •  15