Glossary

Steel Fabrication Management terms and definitions

A

Activity-Based Costing (ABC)

Advanced Planning & Scheduling (APS)

Agile Manufacturing

AISC Certification

Andon

Assembly

Assembly drawing

Automatic nesting

AWS D1.1

Active work order

B

Balanced Scorecard

Batch Size Reduction

Bill of materials (BOM)

Bottleneck

Bottleneck Analysis

Business Continuity Plan (BCP)

C

Capacity Planning

Change Order

Continuous Improvement (Kaizen)

Cost-to-Completion

Critical Path Method (CPM)

Cutting Plan Optimization

D

Demand Forecasting

Digital Thread

Digital Weld Map

Dispatching Rule (Sequencing)

Drum-Buffer-Rope (DBR)

E

Earned Value Management (EVM)

Economic Order Quantity (EOQ)

Electronic Batch Record

Engineering Change Order (ECO)

Enterprise Resource Planning (ERP)

Equipment Capacity Plan

F

Factory Acceptance Test (FAT)

Failure Mode & Effects Analysis (FMEA)

Field Bolt List

Fixed Asset Turnover

Fixed-Cost Absorption

Flow Manufacturing

G

Galvanizing Lead Time

Gantt Chart

Gemba Walk

Gross Margin Return on Investment (GMROI)

Gross Profit per Ton

Group Technology (GT)

h

Hardness Testing Program

Heat Number Traceability

Heijunka (Production Leveling)

High-Mix Low-Volume (HMLV)

Histogram Analysis

Hole Alignment Report

Hoshin Kanri

Human-Machine Interface (HMI)

i

In-Shop Logistics

Index of Structural Drawings

Inspection Test Record (ITR)

Integrated Project Delivery (IPD)

Inventory Accuracy Rate

Inventory Turnover

Industrial Internet of Things (IIoT)

ISO 9001

j

Jidoka (Autonomation)

Job Cost Variance

Job Costing

Just-in-Sequence (JIS) Delivery

Just-In-Time (JIT)

Job Shop Scheduling

k

Kaizen

Kaizen Event

Kanban

Key Performance Indicator (KPI)

Keyway Alignment

Knowledge Management System (KMS)

l

Labor Efficiency Variance

Lead Time

Lean Manufacturing

Life Cycle Costing (LCC)

Line Balancing

Lot Control

m

Machine Downtime Rate

Make-to-Order

Material Certificate (MTC)

Material Requirements Planning (MRP)

Material Takeoff (MTO)

Manufacturing Execution System (MES)

Mill Test Report (MTR)

Minimum Viable Product (MVP)

Modular Assembly

n

Net Present Value (NPV)

Nested Job Costing

Nesting Efficiency

No-Load Time

Non-Conformance Report (NCR)

Numerical Control Programming (NCP)

o

Off-Site Fabrication

On-Time Delivery Rate

Operational Excellence

Operator Dashboard

Order Fulfillment Cycle Time

Order Variance

Outsource Manufacturing

Overall Equipment Effectiveness (OEE)

Overhead

p

Paint Cure Cycle

Pareto Analysis

Plan-Do-Check-Act (PDCA)

Pre-Assembly

Production Planning

Production Release Authorization

Production Routing

Production Scheduling

Procurement Spend Analysis

Production Part Approval Process (PPAP)

q

Quality Assurance (QA)

Quality Gate

Quality Management System (QMS)

Quick-Change Fixture

Quick Response Manufacturing (QRM)

Queue Management System

Queue Time

r

Return on Invested Capital (ROIC)

Rework Cost

Risk Management Plan

Rolling Forecast

Root Cause Analysis (RCA)

Run Time

Run Time per Ton

s

Sales & Operations Planning (S&OP)

Scrap Rate

Six Sigma

Standard Operating Procedure (SOP)

Standard Work

Supply Chain

Supply Chain Resilience

t

Takt Time

Theory of Constraints (TOC)

Throughput

Tonnage Scheduled

Total Productive Maintenance (TPM)

Toyota Production System (TPS)

Traceability Matrix

U

Utilization Rate

User Story Mapping

Unified Communications

Unified Production Model

Unplanned Downtime

Up-Time Ratio

V

Value-Added Activity

Value Stream Mapping (VSM)

Vendor Compliance Scorecard

Vendor-Managed Inventory (VMI)

Visual Management

Visual Weld Map

W

Work Breakdown Structure (WBS)

Work-In-Process (WIP)

Work-In-Queue

Workflow Automation

Workforce Planning

X

X-Efficient Production

X-Matrix (Hoshin Planning)

XML Bill of Materials (XBOM)

XML Fabrication Data Exchange

Y

Yard Capacity

Yard Management System

Yield Rate

Yokoten (Horizontal Sharing)

Z

Zero-Defect Manufacturing

Zero-Waste Cut Plan

Zone Control

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