[ kahn-bahn ]
a just-in-time method of inventory control, originally developed in Japanese automobile factories.
Kanban is considered a “lean production” technique, or one that eliminates labor and inventory waste. One of the ways Kanban reduces waste is through the “pull production” model that regulates item production based on supply and demand. Instead of estimating the number of a specific item the customer will want and producing based on that amount, Kanban produces items in direct relation to the number requested by the customer through forecasting over a period of time.
GVP offers custom Kanban agreements with our customers based on individual needs. This offers cost savings and eliminates lead times on products that will be ordered on a very consistent basis.