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Kanban

What is Kanban? The term Kanban came into existence almost 50 years back when Taiichi Ohno, an engineer at Toyota Automotive, developed the first Kanban system to improve manufacturing efficiency. The idea of Kanban was taken from an unlikely inspiration, a supermarket. They noticed that supermarkets re-stocked an item according to the store’s supply and […]

Kit

An inventory unit that is made of a number of seperate items with differing attributes.