Category: Glossary

Continuous improvement is a process of regularly evaluating products, services, processes, or systems and making targeted improvements to increase quality, reduce waste, improve efficiency, and

Predictive Maintenance – Predictive maintenance is the process of predicting when a system will fail before it actually happens. The idea behind predictive maintenance is

Smart factory is a unique factory automation system. It’s a growing industry, with a lot of opportunities. The current worldwide market size is approximately $

Master Batch Record (MBR) means a document defining manufacturing methods, materials and other procedures, guidelines and controls related to product manufacturing and testing, also referred

An Electronic Batch Record (EBR) is a digital production record, an electronic record of a production, an electronic copy or reproduction from a Master Batch

Industry 4.0 – the Fourth Industrial Revolution, or the concept that the development of industry has entered a new phase, due to the increasing penetration

Overall Equipment Effectiveness (OEE) is a commonly used indicator in manufacturing plants. It allows to determine how efficient is a given production line, and thus

Enterprise Resource Planning, or ERP for short, is a process and information system for managing resources in an enterprise. It connects various departments within a

Advanced planning and scheduling (APS) is an IT solution for optimizing the production plan in a manufacturing company, which takes into account all available resources in