What Are The Advantages Of Kanban System?

1.	What Are The Advantages Of Kanban System?
Answer» Advantages of Kanban system:- It helps in OPTIMIZING inventories and prevents it from getting obsolete. It cuts the storage costs and reduces wastage as it involves the manufacturing of products and components that are needed. It provides FLEXIBILITY in production as it doesn't get stuck with excess inventory and even responds to a changing demand. It reduces the total cost of production that includes- prevention of over production, developing flexible work stations, reducing WASTE, etc. It prevents over production. Helps in balancing demand and SUPPLY. Advantages of Kanban system:- It helps in optimizing inventories and prevents it from getting obsolete.

Answer»

Advantages of Kanban system:- It helps in OPTIMIZING inventories and prevents it from getting obsolete.

It cuts the storage costs and reduces wastage as it involves the manufacturing of products and components that are needed.
It provides FLEXIBILITY in production as it doesn't get stuck with excess inventory and even responds to a changing demand.
It reduces the total cost of production that includes- prevention of over production, developing flexible work stations, reducing WASTE, etc.
It prevents over production.
Helps in balancing demand and SUPPLY.

Advantages of Kanban system:- It helps in optimizing inventories and prevents it from getting obsolete.

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