T
Tactical PlanningThe creation of actionable plans, such as production or sales plans, that align with strategic objectives and guide operational decisions.
TariffA government-imposed tax or duty on imported or exported goods.
Theory of ConstraintsA management philosophy focusing on identifying and addressing the key constraint(s) limiting a system’s performance to improve outcomes.
Theory of Constraints AccountingAn accounting approach emphasizing throughput, inventory, and operating expense to provide accurate cost insights and prioritize constraint management.
Third-Party LogisticsA partnership model where a third party provides logistics and delivery services, often offering supply chain expertise and operational support.
Total Cost to ServeThe comprehensive calculation of all supply chain costs to deliver products and services to customers.
Total Productive MaintenanceAn operator-led approach to equipment maintenance aimed at increasing flexibility, reducing material handling, and promoting continuous process flows.
Total Quality ControlAn integrated effort across all organizational functions to ensure goods and services meet or exceed customer expectations.
Total Quality ManagementA holistic management approach focusing on continuous improvement and customer satisfaction through organization-wide participation and quality practices.
Toyota Production SystemA lean manufacturing methodology emphasizing efficiency, waste reduction, and just-in-time production, originally developed by Toyota.
Transportation ManagementThe planning, execution, and oversight of transportation assets and services to optimize shipping processes from origin to destination.
