Student

Guide for English

Vocabulary:

HSE Health safety environment

A building or group of buildings with facilities for the

Factory
manufacture of goods.

A collective term for all approaches to prepare and support

Change management individuals, teams, and organisations in making organisational
change

A competitive market is one in which a large numbers of

producers compete with each other to satisfy the wants and
Competitive market
needs of a large number of consumers where no single agent
can dictate how the market operates.

A detailed description or assessment of requirements,

Specifications
dimensions, materials, etc

A discipline that deals with the application of advanced

Operations research
analytical methods to help make better decisions.

A manufacturing process in which parts are added as the semi-

finished assembly moves from workstation to workstation
Assembly line
where the parts are added in sequence until the final assembly
is produced.

A measurable value that shows the progress of a company’s

KPI (Key Performance Indicator)
business goals.

A method of problem solving used for identifying the root

Root Cause Analysis
causes of faults or problems

The number of goods from a manufactured lot that meet pre-

FTY (First Time Yield) specified quality standards divided by the total number
produced by the process.

A metric used to assess the ability of a business to fulfil

OTD (On Time Delivery) shipping orders or other transactions within the period of time
promised to a client or customer

A planned endeavour to analyse the existing business

Improvement plan processes, identify problems and rectify them to improve the
standards of quality and effectively meet new objectives.

A production line is a set of sequential operations established

Production line in a factory where materials are put through a refining process
to produce an end-product that is suitable for onward
 consumption; or components are assembled to make a
finished article.

A production planning, scheduling, and inventory control

Material Requirement Planning
system used to manage manufacturing processes.

A ratio between the net profit and cost of investment resulting

ROI (return on investment)
from an investment of some resources.

A ratio showing how many times a company has sold and

Inventory Turnover
replaced inventory during a given period

A stage in a process that causes the entire process to slow

Bottleneck
down or stop

A systematic method for waste minimisation within a

Lean manufacturing
manufacturing system without sacrificing productivity

A traditional production strategy that is used by businesses to

Make to Stock match production and inventory with consumer demand
forecasts

An inventory management method whereby materials, goods,

JIT (Just in Time) and labor are scheduled to arrive or be replenished exactly
when needed in the production process

Continuous Improvement An ongoing effort to improve products, services, or processes

An organisational lifecycle function within a company dealing

Production management with the planning, forecasting, and production, or marketing
of a product or products at all stages of the product lifecycle.

Industrial performance Capacity of industry to meet demand

Manufacturing performance Capacity of manufacturing to meet demand

Document that provides the essential financial and other

Loan application information about the borrower on which the lender bases the
decision to lend.

Expenses associated with running a business that can’t be

Overhead Cost
linked to creating or producing a product or service

Financial support Financial resources provided to make some project possible

Group of directors appointed to act on behalf of, and within

Executive committee
the powers granted to them by, the board of directors.

Made in accordance with particular instructions or

Make to order
requirements

Work in Progress Partially finished goods awaiting completion

Performing a regular comparison of projected financial costs

Budget monitoring
and gains against actual performance
 Physical and non-financial inputs used in the production of
Means of production
economic value.

Relating to the early stages in the operations of a business or

Upstream
industry,

Short-term usually involves processes that show results within

Short and medium term vision a year. Medium-term plans results take several years to
achieve.

Something necessary for the customer as distinct from

Customer Needs
something the customer wants of desires.

Rework The act of redoing, correcting, or rebuilding

The amount by which the value of an article is increased at

Value-added
each stage of its production, exclusive of initial costs

The amount of money saved as a result of changes to plans or

Cost Savings
policies that reduce the expense associated with a business

Surge Capacity The capacity of a system to meet sudden and heavy demand

The frequency with which an engineered system or

Failure Rate
component fails, expressed in failures per unit of time.

Lead Time The latency between the initiation and execution of a process

The maximum rate of production or the maximum rate at

Throughput
which something can be processed

The period of time a system or an equipment is in its operating

Operating time
condition

The practice of ordering, storing, tracking, and controlling

Stock management
inventory

Sales forecast The process of estimating future sales

Production launch The start of production

Profitability The ability of a business to earn a profit

The total time from the beginning to the end of your process,
Cycle time
as defined by you and your customer.

Time during which a machine or plant is not working because

Downtime
it is incapable of production

TPM (Total Productive Maintenance) activities that involve

Autonomous Maintenance operators in maintaining their own equipment, independent
of the maintenance department

Written evaluation (individual) – Deadline: 1/2/2019 must be send to EF before
Bank meeting.
Before the visit of Ron McHarrison of “Made Your Home”, your company has to submit a proposal to
the bank for increased finance for the escalation of production to meet the forward demands of
McHarrison’s company. You are required to write a short explanation (at least 300 words) outlining
the steps taken to support the improvements in production that will be necessary. The piece should
not be technical, as the bank are not technical experts, but should show how the steps you have
taken will ensure a successful increase in production necessary to a non-technical banker.

Oral evaluation (in groups)– Date: 15/02/2019

“Ron Mac Harrisson, CEO of « Made your Home » is visiting your facility in order to make sure he
made the right choice. As future new “owners”, you are delighted to present him your factory, the
means of production, how the product will be manufactured, the precise planning and explain him
the costs. Make sure you convince him that what you offer (in terms of quality, price and timing) is
the best solution: « Made your Home » is planning to double orders in 2018 and triple them over the
following 3 years, and you really need this client to convince the bank of the viability of your project.
Do not forget that Mr Mac Harrisson is the CEO of the company, not an engineer.”

The jury will represent the Americans visiting your company.

Don’t prepare a formal presentation where every student learns one part off by heart. This will be a
business meeting. You should be able to answer your client’s questions (see the points mentioned
above). You should be able to talk about your company before the changes and now, what you have
done so far in order to improve the company’s situation, production etc. You should give the
different steps, measures, some key figures in terms of investment etc.
You should also give them an idea what you’re planning on doing in the future in order to be able to
produce these great numbers of tiles for your client.
Thus, you’ll need to reassure and convince them you that they’ve chosen the right company for this
order.

You will need to come with some sort of visual support – either a poster or a PPT or Prezi … your
choice. Send visual support date 14/02/2019 17:00 for English teachers before oral evaluation