In lean planning, which term corresponds to a 'Statement of objectives'?

Prepare for the APICS CPIM Exam 1. Study with flashcards and multiple-choice questions, each with hints and explanations. Get ready to ace your exam!

Multiple Choice

In lean planning, which term corresponds to a 'Statement of objectives'?

Explanation:
In lean planning, the statement of objectives is captured as a Hoshin. Hoshin Kanri is the method that translates strategic goals into a focused set of annual objectives to deploy across the organization. The statement itself represents the direction you want to drive, setting clear targets that guide all planning and execution. Understanding the distinction helps: the process of creating and deploying these objectives is referred to as Hoshin planning, while the objective itself is the Hoshin. A Gantt chart is simply a scheduling tool, idle capacity is a waste concept, and these don’t name the objective statement itself. The Hoshin provides the concrete, measurable targets used to align efforts throughout the organization.

In lean planning, the statement of objectives is captured as a Hoshin. Hoshin Kanri is the method that translates strategic goals into a focused set of annual objectives to deploy across the organization. The statement itself represents the direction you want to drive, setting clear targets that guide all planning and execution.

Understanding the distinction helps: the process of creating and deploying these objectives is referred to as Hoshin planning, while the objective itself is the Hoshin. A Gantt chart is simply a scheduling tool, idle capacity is a waste concept, and these don’t name the objective statement itself. The Hoshin provides the concrete, measurable targets used to align efforts throughout the organization.

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