Kanban
1. A method which, during storage, uses standard units or lot sizes with a single card attached to each.
2. A pull system used at a stock point in which a supply batch is ordered only when a previous batch is withdrawn.
Note: Kanban in Japanese means loosely translated “card or sign”.
Keel
Longitudinal girder at the lowest point of a vessel from which the framework is built.
Knot
Unit of measurement for the speed (of a vessel) equal to a nautical mile (= 1852 meters) per hour.
Kyoto Convention
Convention for the International Customs Cooperation Council held in Kyoto in 1973 for the simplification and harmonization of national customs procedures.