Lean Production: Production based on the range of waste-saving measures inspired by Japanese manufacturing companies.
Just In Time: A Japanese philosophy that organises operations so that items of stock (inventory) arrive just at the time they are needed for production or sale. The ultimate aim is to eliminate the need for stock, although in practice this is not always ideal.
Kaizen (or Continuous Improvement): A policy of implementing small, incremental changes in order to achieve better quality and/or greater efficiency. These changes are invariably suggested by employees and emanate from a corporate culture that encourages employees to identify potential improvements.
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