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  2. First article inspection - Wikipedia

    en.wikipedia.org/wiki/First_article_inspection

    First article inspection. A First Article Inspection ( FAI) is a production validation process for verifying that a new or modified production process produces conforming parts that meet the manufacturing specification detailed in technical or engineering drawings. Typically, a supplier performs the FAI and the purchaser reviews the report.

  3. Production part approval process - Wikipedia

    en.wikipedia.org/wiki/Production_part_approval...

    PPAP is a series of documents gathered in one specific location (a binder or electronically) called the "PPAP Package". The PPAP package is a series of documents which need a formal certification / sign-off by the supplier and approval / sign-off by the customer. The form that summarizes this package is called PSW (Part Submission Warrant).

  4. Report card - Wikipedia

    en.wikipedia.org/wiki/Report_card

    A report card, or just report in British English – sometimes called a progress report or achievement report – communicates a student 's performance academically. In most places, the report card is issued by the school to the student or the student's parents once to four times yearly. A typical report card uses a grading scale to determine ...

  5. Terms of reference - Wikipedia

    en.wikipedia.org/wiki/Terms_of_reference

    Terms of reference ( TOR) define the purpose and structures of a project, committee, meeting, negotiation, or any similar collection of people who have agreed to work together to accomplish a shared goal. [1] [2] Terms of reference show how the object in question will be defined, developed, and verified. They should also provide a documented ...

  6. Business Model Canvas - Wikipedia

    en.wikipedia.org/wiki/Business_Model_Canvas

    The Business Model Canvas is a strategic management template used for developing new business models and documenting existing ones. It offers a visual chart with elements describing a firm's or product's value proposition, infrastructure, customers, and finances, assisting businesses to align their activities by illustrating potential trade-offs.

  7. Work in process - Wikipedia

    en.wikipedia.org/wiki/Work_in_process

    The term is used in supply chain management, and WIP is a key input for calculating inventory on a company's balance sheet. In lean thinking , inappropriate processing or excessive processing of goods or work in process, "doing more than is necessary", is seen as one of the seven wastes (Japanese term: muda ) which do not add value to a product.

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