37 records found for L
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  • Labor CostsInclude labor and fringe benefits costs. Include any overtime or other premium labor costs here. Does not include variable expenses such as uniforms, seminars and Personal ...
  • Labor TurnoverA measure of a plant's ability to retain workers, expressed as a percentage of the production workforce that departs annually; an annualized rate of employee departures. High ...
  • Lacey ActThe Lacey Act combats trafficking in “illegal” wildlife, fish, and plants. A 2008 amendment to the law expanded its reach to cover a broader range of plants and plant products.
  • Last Year Plus PercentageLast year plus percentage is a method of budgeting based on prior year figures plus a percentage to take into account inflation, exchange rate differences and other similar ...
  • Lead Logistics ProviderA lead logistics provider (LLP) is a third-party entity that manages a range of subordinate logistical service providers, including transportation carriers, forwarders, freight ...
  • Lead-TimeLead-time is defined as the span of time required for performing a process or operation.
  • Leadership DevelopmentLeadership development is the planned growth of leadership capability in employees. May particularly focus on the ongoing development of individuals holding leadership roles ...
  • LeanProcess-based, quality improvement approach that focuses on improving process speed by eliminating non-value-added activities in an end-to-end process (process efficiency)
  • Lean InitiativesBusiness improvement initiatives that are designed to remove waste from the business processes. The waste may include materials, time, scrap, poor quality, no value added ...
  • Leap FroggingLeap Frogging refers to an e-business that is able to skip certain stages and enter the market in a highly evolved state.
1 – 10 of 37 Results