domingo, 25 de fevereiro de 2018

Vocabulary: kaizen methodology

Kaizen is a Japanese business philosophy of continuous improvement. The methodology engages all employees in implementing small changes to eliminate waste and boost efficiency. Companies like Toyota, Nestle and Canon use kaizen as a key ingredient in their business models. Lockheed Martin, an American global security and aerospace company, incorporated kaizen in their material management to reduce manufacturing costs, inventory and order-to-delivery time.

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