Glossary Term: Kaizen
Kaizen is a Japanese business philosophy meaning “continuous improvement.” The word refers to incremental improvements of manufacturing through a methodical process to create value and reduce waste along the production cycle.
The purpose of Kaizen is to understand that small changes in the present can have major impacts in the future. Oftentimes objectives of Kaizen include improving quality control standards, improving the efficiency of equipment and working towards just-in-time manufacturing.
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