Glossary for (Japanese) Continuous Improvement Language

What is ‘Keiretsu’?

Keiretsu means literally ‘systemseries’.

Usually it refers to a a group of Japanese businesses that are closely linked through shareholding, etc, and form a strong corporate unit

Producing in a monozukuri environment means the whole supply-chain has an integral architecture; the whole production column supports it actively.

This vertically integrated process goes beyond the borders of the factory and stretches into suppliers- and customers companies, who cooperate from the early design stages on.

This integration of (mainly) middle and small size companies into large companies is called KEIRETSU.

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