kaikaku

Definition

Popular Terms

Lean production term which in Japanese means radical overhaul of an activity to eliminate all waste (muda in Japanese) and create greater value. Also called breakthrough kaizen.

quality

process

production

backorder

procedure

fixed cost

marginal cost

equipment

You Also Might Like...

Six Sigma Guide to Training and Certification

Six Sigma Training, developed in 1986, is a business development strategy developed by former handset giant Motorola to reach forecasted financial targets through quality management and statistical methods. Six Sigma trainees are classified with a ... Read more

Developing a Winning Strategy

Coming up with a strong, winning strategy for your company should be the backbone of your business plan. Strategies for each kind of company in different sectors will vary greatly, but there are some major recurring themes that all businesses can ... Read more

ADVERTISEMENT

Effective Brainstorming for Large Groups

How to Create a Culture of Action in the Workplace

Email Print Embed

Copy & paste this HTML in your website to link to this page

Browse Dictionary by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z