- KANBAN
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KABNAN is a Japanese JIT production philosophy for planning and managing both labour operations and the flow of goods in a production process. It is said that products and components are to be pulled through the chain of production, that is, that customer orders determine the need for deliveries and final assembly which in turn determines how component parts are produced in earlier stages. The opposite is "traditional" planning where components are pushed through the supply chain -- from planning of purchases to completed items in inventory.
The KANBAN philosophy is used today not only in manufacturing industries but also in other businesses, for example, in health care and software development, to which it has been adapted. Used correctly, the business becomes more efficient in that bottle necks are made visible and eliminated, which in turn leads to shorter lead times.
- Key issues
- Important questions and areas of investigation, for example in the assessment or the development of a company or in an analysis of a possible investment. See also "DD".
- See also
- Next
- Due diligence
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