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PPAP is a series of documents gathered in one specific location (a binder or electronically) called the "PPAP Package". The PPAP package is a series of documents which need a formal certification / sign-off by the supplier and approval / sign-off by the customer. The form that summarizes this package is called PSW (Part Submission Warrant).
Minutes. Minutes, also known as minutes of meeting (abbreviation MoM ), protocols or, informally, notes, are the instant written record of a meeting or hearing. They typically describe the events of the meeting and may include a list of attendees, a statement of the activities considered by the participants, and related responses or decisions ...
The report cards for grades 1–6 use a common template. The first quarter of page 1 shows the student's information. The bottom 3/4 of the first page includes the Learning Skills descriptors regarding the student's behaviour, teacher comments on the learning skills and overall level for each skill (marked on a scale of E (Excellent), G (Good ...
Meeting of the minds (also referred to as mutual agreement, mutual assent, or consensus ad idem) is a phrase in contract law used to describe the intentions of the parties forming the contract. In particular, it refers to the situation where there is a common understanding in the formation of the contract. Formation of a contract is initiated ...
The term is used in supply chain management, and WIP is a key input for calculating inventory on a company's balance sheet. In lean thinking , inappropriate processing or excessive processing of goods or work in process, "doing more than is necessary", is seen as one of the seven wastes (Japanese term: muda ) which do not add value to a product.
Term sheet. A term sheet is a bullet-point document outlining the material terms and conditions of a potential business agreement, establishing the basis for future negotiations between a seller and buyer. It is usually the first documented evidence of a possible acquisition. [1] It may be either binding or non-binding.