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kanban

Definition:Developed in Japan, a tool for managing the supply chain in order to minimize overall costs by implementing the stockless (Just-In-Time) manufacturing philosophy. Major aspects of the system: self-controlling cycles, short-cycle manufacturing, pick-up principle, short- term supply chain management via a simple data carrier (Kanban card) including all the information relating to an order. “Kanban” (Japanese) = card, placard”. Source:Austria-Rail Cargo Glossary