Align Finance with Lean Manufacturing: 9 Actionable Items

Align Finance with Lean Manufacturing: 9 Actionable Items


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


Brad Kenney Associate Editor, IndustryWeek Mike Frichol VP, Global Industry & Product Marketing, Infor
Sep 4, 2008
01:07:06 (hh:mm:ss)
Already a Bitpipe member? Login here

Download this Webcast!

By submitting your personal information, you agree that TechTarget and its partners may contact you regarding relevant content, products and special offers.

You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy.

Safe Harbor