Lean manufacturing is a new paradigm for manufacturing. It focuses on making products only when a customer expresses a need for one by placing an order. As such it is very different from the mass production methods used by traditional manufacturers. It is hardly surprising, then, that the accounting and measurement systems that worked in the traditional manufacturing environment would breakdown under the radically different assumptions and methods of Lean. Many companies are finding that to sustain Lean they must change their accounting and measurement systems. So there is increasing interest on this topic.
This is an introductory, one-day course. Its aim is to present an overview of the reasons why Lean accounting is important and the new methods that Lean manufacturers are using to bring their measurement and accounting processes into line with Lean thinking.
WHO SHOULD ATTEND?
General managers and presidents of Lean companies. Value stream managers, CFOs, Controllers, cost accountants, Lean team members and others who use or develop measures and accounting reports. This course is particularly applicable for those who have no previous understanding of Lean accounting.