sponsored by Infor
Premiered:  Sep 4, 2008
Format:  Multimedia
Length:  01:07:06 
(hh:mm:ss)
Type:  Webcast
Language:  English
ABSTRACT:

Lean production and management principles fundamentally change production and business processes. Traditional financial accounting and production costing systems being used today were developed many decades ago and have limited recognition of the dramatic changes in manufacturing processes over this time. As much as 30-40% of what accounting does is waste, since it is not aligned with the current realities of lean manufacturing.

This on-demand event identifies the incongruities and provides nine action items to align finance with Lean manufacturing, and reduce waste in accounting and costing.

By viewing this on-demand, you'll learn:

How financial management can support Lean manufacturing

The challenges to introducing Lean finance

9 pragmatic recommendations for improving your Lean performance results by identifying product costing and financial accounting contradictions, and establishing alternate financial methods consistent with Lean principles




Speakers

Brad Kenney
Associate Editor ,  IndustryWeek

Mike Frichol
VP, Global Industry & Product Marketing ,  Infor



BROWSE RELATED WEBCASTS
ERP | ERP Software | Inventory Management | Inventory Management Software | Manufacturing | Supply Chain Automation | Supply Chain Execution | Supply Chain Integration | Supply Chain Software | Warehouse Management | Warehouse Management Software

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