DOTWIMP
Definition
An acronym for different sources of waste in business or manufacturing processes, that can be used as a guide for target improvement areas in Six Sigma projects or other process enhancement methods. The list includes Defects, Overproduction, excess Transportation, Waiting, excess Inventory, excess Motion, and over-Processing.
Related Articles
- Long-Term Investment Choices *
- Car Insurance and the Different Types of Policies *
- Life Insurance: Types of Policies and Provisions *
- Fees and Expenses *
- Technical Analysis *
- Common Financial Instruments of Forex *
- Precious Metal Options May Be a Good Investment *
- Types of Accounts Typically Offered by Banks *
Related Videos
http://www.businessdictionary.com/definition/DOTWIMP.html
