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Kanban

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Posted On: September 29, 2015
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Sep 29, 2015

Kanban, a Japanese word meaning “billboard,” is a technique for handling JIT (just in time) service. It was first used in 1953 by Toyota. The process basically notifies the supplier to manufacture and send goods. The benefit to this system is that levels of inventory are in sync with depletion by consumer. It’s all about supply and demand.