Quality, Cost, Delivery
Encyclopedia
Quality, cost, delivery as used in lean manufacturing
measures a businesses activity and develops Key performance indicators
. QCD analysis often forms a part of continuous improvement process
es.
Although it has roots in the manufacturing sector, QCD can be used in a variety of business environments such as supply chain management
and engineering.
Lean manufacturing
Lean manufacturing, lean enterprise, or lean production, often simply, "Lean," is a production practice that considers the expenditure of resources for any goal other than the creation of value for the end customer to be wasteful, and thus a target for elimination...
measures a businesses activity and develops Key performance indicators
Key performance indicators
A performance indicator or key performance indicator is an industry jargon for a type of performance measurement.. KPIs are commonly used by an organization to evaluate its success or the success of a particular activity in which it is engaged...
. QCD analysis often forms a part of continuous improvement process
Continuous Improvement Process
A continuous improvement process is an ongoing effort to improve products, services, or processes. These efforts can seek "incremental" improvement over time or "breakthrough" improvement all at once...
es.
Although it has roots in the manufacturing sector, QCD can be used in a variety of business environments such as supply chain management
Supply chain management
Supply chain management is the management of a network of interconnected businesses involved in the ultimate provision of product and service packages required by end customers...
and engineering.