Glossary

Kaizen

Kaizen is a straightforward tool that speeds up continuous process improvement by implementing small changes.

Kanban is a method for effectively managing the flow of materials and information to meet customer demands. Its goal is to deliver the right product, at the right time, in the desired quantity, and with the required quality. Kanban serves as the foundation for the "Just in Time" system.

Kirchhoff's Law

Kirchhoff's laws are two fundamental principles that describe the behavior of current and voltage in electrical circuits: the first law states that the sum of currents at a node is zero, and the second law states that the sum of voltages in a closed loop is also zero. These laws enable the analysis of complex circuits based on the conservation of charge and energy.

KPI

KPI stands for Key Performance Indicator, a metric used to measure the performance of an organization, department, project, or individual against specific goals or objectives. KPIs facilitate progress tracking, measure success, and aid in data-driven decision-making.