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- Kanban SystemA visual pull method for managing inventory and workflow. Consumption triggers a signal card or digital entry that authorizes replenishment or the next task. It defines reorder points and lot sizes, limits work in process, and synchronizes stages so materials move in response to actual demand.
- Key Performance Indicator KPIA quantifiable metric tied to a defined objective and used to track results over time. In logistics and warehousing, examples include order accuracy rate, on time delivery, inventory turnover, dock to stock time, and cost per order. A KPI states the measure, formula, unit, target, time frame, and data source to enable consistent comparison.
- KittingThe process of assembling separate items into a ready to ship set that is handled as one inventory unit. A kit follows a defined bill of materials, is built under a work order, and includes steps to pick, verify, and package components with any required labels or inserts. Inventory systems deduct component quantities and create a finished kit SKU when the build is completed. Common uses include product bundles, subscription boxes, promotional sets, and pre assembly for manufacturing.