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The New Language of Procurement


The language of procurement speaks to an agenda driven by delivering value. Leading procurement organizations are well-versed in areas that resonate with financial officers and the performance narrative. They lead with h...



 

Glossary > M > Muda  

 

Muda


Source: Procurement Glossary
Author: Paul Rogers
Institute: CIPS - UK

Courtesy of


 

Muda is a traditional Japanese word for an activity that is wasteful and doesn't add value or is unproductive.  It is a key concept in lean manufacturing, and represents one of three types of waste, the others being mura, meaning unevenness of flow, and muri, meaning overburdening the system.  See also Lean Manufacturing.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 





Tudor Rose International increases productivity through integrated SCM platform ASSIST4


Tudor Rose International is Europe’s leading export market management company specialising in building brands around the world. In business for nearly 30 years, the innovative company mastered an ambitious IT moder...