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Lean Accounting

Author: Joe Stenzel
Publisher: John Wiley & Sons
ISBN: 9780470173756
Size: 65.71 MB
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Praise for Lean Accounting Best Practices for Sustainable Integration "Anyone involved in a lean transformation inevitably bumps up against the vagaries of the accounting systems that reward overproduction and waste and seem to punish true improvement. We wonder what would happen if the accountants actually came to the production floor and witnessed firsthand the havoc created by their systems. This volume gathers together some of the best thinkers to take a critical look at traditional cost accounting and defines a path forward to 'lean accounting.'" —Jeff Liker, Professor of Industrial and Operations Engineering, University of Michigan "Joe Stenzel has put together a timely compendium of writings from thought leaders in lean accounting. The viewpoints in this fine book are diverse and yet proclaim a consistent message: that conventional management accounting is broken--and here is how to fix it." —Richard J. Schonberger, President, Schonberger & Associates "If you are serious about understanding and implementing Lean Accounting in conjunction with your Lean Enterprise journey, this book will illuminate the specific techniques, but more importantly, will explain the cultural changes that are a prerequisite for success." —Jerry Solomon, Vice President of Operations, Hunt Valley, for MarquipWardUnited, a division of Barry-Wehmiller Companies, Inc. Insights and strategies from the most experienced lean accounting and performance measurement?practitioners in America Learn how to integrate the proven lean methodologies embedded in the Toyota Production System with Lean Accounting: Best Practices for Sustainable Integration. In this comprehensive guide, leading accounting and performance measurement practitioners analyze the current business climate and provide CFOs and accounting/finance personnel with step-by-step guidelines to seamlessly and successfully integrate sustainable, lean accounting principles within their enterprise. Be a lean success story with Lean Accounting.

E Study Guide For Lean Accounting Best Practices For Sustainable Integration By Lean Accounting Best Practices For Sustainable Integration Isbn 9780470087282

Author: Cram101 Textbook Reviews
Publisher: Cram101 Textbook Reviews
ISBN: 1478400986
Size: 74.48 MB
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Never Highlight a Book Again! Just the FACTS101 study guides give the student the textbook outlines, highlights, practice quizzes and optional access to the full practice tests for their textbook.

Lean Accounting Best Practices For Sustainable Integration

Author: CTI Reviews
Publisher: Cram101 Textbook Reviews
ISBN: 1497040973
Size: 27.97 MB
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Facts101 is your complete guide to Lean Accounting, Best Practices for Sustainable Integration. In this book, you will learn topics such as as those in your book plus much more. With key features such as key terms, people and places, Facts101 gives you all the information you need to prepare for your next exam. Our practice tests are specific to the textbook and we have designed tools to make the most of your limited study time.

Lean Management Of Global Supply Chain

Author: Yasuhiro Monden
Publisher: World Scientific
ISBN: 9814644994
Size: 12.68 MB
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This book is the first among many books in supply chain management, which provides the readers with insights on how to select the best global supply chain out of inter-firm network, fables system or market firms. This process is clearly expounded in the book through case studies, which include Apple, Toyota, BMW, IKEA and Taiwan TSMC. The main editor, Prof Yasuhiro Monden, is the founding father of Lean Production Management who published Toyota Production System from IIE in 1983, which is called the classic of Lean System. This book will explain how the global supply chain (GSC) could be organized by considering causal relationships of the stage differences in (1) market needs, (2) product design architecture, and (3) product life-cycle, for the purpose of reducing the total costs of GSC. Contents:Lean Management of Global Supply Chain Management: Lean Management of Global Supply Chain: Dynamic Combination Model of Market, Product Life-Cycle, Product Design, and Supply Chain (Yasuhiro Monden)How to Facilitate Inter-Firm Cooperation in a Fabless Global Supply Chain (Yoshiteru Minagawa)Ikea's Almost Fabless Global Supply Chain — A Rightsourcing Strategy for Profit, Planet, and People (Rolf G Larsson)Effects of Transfer Pricing Taxation on the Performance Control of Japanese Foreign Subsidiaries (Makoto Tomo and Anson Yoshiharu Matsuoka)Innovation of Eco-Cars Based on the Global Inter-Firm Collaboration (Yasuhiro Monden)Communization Strategy and Performance Management in the Japanese Automobile Industry (Noriyuki Imai)Lean Management and Performance Evaluation in the Business Operations:Financial Performance Measures for the Lean Production System (Zhi Wang and Yasuhiro Monden)Management Control Systems for Lean Management in Medical Services — A Case Study at Lund and Kameda (Rolf G Larsson, Yoshinobu Shima, and Chiyuki Kurisu)Management Control for Horizontal Network Organizations of SMEs — In the View Point of Profit Allocation Mechanism of Joint Manufacturing on Order (Yoko Ogushi)Measuring the Performance of Lean Implementation at a Commercial Printing Company — An Action Research Approach (Khodayar Sadeghi and Mohammad Aghdasi)Related Topics in Managerial & Cost Accounting:Mechanisms for Lowering Budgetary Slack in Japanese Companies (Ken Lee, Naoki Fukuda, and Satoko Matsugi)Influence of Decision-Making Goal and Accurate Product-Costing Goal on the Design of Sophisticated Costing Systems: Proposal of Multi-Goal Coordination Approach (Nikhil Chandra Shil, Mahfuzul Hoque, and Mahmuda Akter) Readership: For the general public, researchers and students who are interested in understanding the global supply chain. Key Features:Principal editor is Prof Yasuhiro Monden, who was one of the fathers of Lean Production ManagementDr Monden published Toyota Production System: the 1st edition from American Institute of Industrial Engineers, 1983, which is called the classic of lean production systemKeywords:Supply Chain;Global Supply Chain;Value Chain;Global Value Chain;Lean Management

Lean Integration

Author: John J. Schmidt
Publisher: Pearson Education
ISBN: 9780321712394
Size: 62.87 MB
Format: PDF, ePub, Mobi
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Use Lean Techniques to Integrate Enterprise Systems Faster, with Far Less Cost and Risk By some estimates, 40 percent of IT budgets are devoted to integration. However, most organizations still attack integration on a project-by-project basis, causing unnecessary expense, waste, risk, and delay. They struggle with integration “hairballs”: complex point-to-point information exchanges that are expensive to maintain, difficult to change, and unpredictable in operation. The solution is Lean Integration. This book demonstrates how to use proven “lean” techniques to take control over the entire integration process. John Schmidt and David Lyle show how to establish “integration factories” that leverage the powerful benefits of repeatability and continuous improvement across every integration project you undertake. Drawing on their immense experience, Schmidt and Lyle bring together best practices; solid management principles; and specific, measurable actions for streamlining integration development and maintenance. Whether you’re an IT manager, project leader, architect, analyst, or developer, this book will help you systematically improve the way you integrate—adding value that is both substantial and sustainable. Coverage includes Treating integration as a business strategy and implementing management disciplines that systematically address its people, process, policy, and technology dimensions Providing maximum business flexibility and supporting rapid change without compromising stability, quality, control, or efficiency Applying improvements incrementally without “Boiling the Ocean” Automating processes so you can deliver IT solutions faster–while avoiding the pitfalls of automation Building in both data and integration quality up front, rather than inspecting quality in later More than a dozen in-depth case studies that show how real organizations are applying Lean Integration practices and the lessons they’ve learned Visit integrationfactory.com for additional resources, including more case studies, best practices, templates, software demos, and reference links, plus a direct connection to lean integration practitioners worldwide.

Wealth Creation

Author: Bartley J. Madden
Publisher: John Wiley & Sons
ISBN: 9780470593981
Size: 30.28 MB
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Wealth creation insights by the creator of the company life-cycle framework known as the CFROI valuation model. Investors searching for companies whose future profitability will far exceed that implied in current stock prices, those in business making decisions to improve company performance, and politicians crafting legislation-all use some form of a wealth creation framework. In this book, author Bartley Madden addresses how to think about the complex dynamics in generating wealth and the practical benefits to be gained from upgrading one's wealth creation framework. Throughout these pages, Madden shares six critical insights: A systems mindset focuses not so much on the individual pieces of a system, but on how all the pieces work together to achieve the goal envisioned for the system. The systems way of thinking described in Wealth Creation helps to avoid unintended, bad consequences, and to generate insights for leveraging change that produces big gains in wealth Economic systems -- the rules and relationships that exist to create wealth by delivering value to customers -- are devilishly complex and therefore solving economic problems requires extensive knowledge. Seen in this light, knowledge growth and wealth creation are two sides of the same coin. A prerequisite to making better buy/hold/sell investment decisions and business judgments is an improved understanding of how wealth is created. An especially useful approach described in this book is to connect business firms' financial performance to stock prices via the firms' competitive life-cycle framework A deeper understanding of business firms makes it plain that customers, employees, and shareholders have mutual, long-term interests. In other words, a free-market system geared to serving customers through competition is a system in which participants share the wealth that is jointly created There is a huge opportunity for sustained, higher economic growth through voluntary initiatives by the private sector. One initiative involves an accelerated implementation of lean management, which was pioneered by Toyota. This is a systems approach that continually purges waste and optimizes the use of resources in delivering value to customers The other initiative concerns improved corporate governance. The wealth creation principles discussed in this book offer a blueprint for boards of directors to vastly improve how they fulfill their responsibility to shareholders, and in so doing, improve the performance of corporate America These ideas have taken shape as a natural outgrowth of a commercial research program that began in 1969 at Callard, Madden & Associates focused on how to value business firms. It produced the CFROI (cash-flow-return-on-investment) metric and its related life-cycle valuation model. This work was further advanced at HOLT Value Associates, which was later acquired by Credit Suisse in 2002. Credit Suisse HOLT continues the research to improve the valuation tools and related global database that analyzes 20,000 companies in over 60 countries. This system is used by a large number of institutional money management firms worldwide in order to make better investment decisions.

Advances In Production Management Systems Innovative And Knowledge Based Production Management In A Global Local World

Author: Bernard Grabot
Publisher: Springer
ISBN: 3662447339
Size: 47.25 MB
Format: PDF, Kindle
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The three volumes IFIP AICT 438, 439, and 440 constitute the refereed proceedings of the International IFIP WG 5.7 Conference on Advances in Production Management Systems, APMS 2014, held in Ajaccio, France, in September 2014. The 233 revised full papers were carefully reviewed and selected from 271 submissions. They are organized in 6 parts: knowledge discovery and sharing; knowledge-based planning and scheduling; knowledge-based sustainability; knowledge-based services; knowledge-based performance improvement, and case studies.

Lean Cost Management

Author: James R. Huntzinger
Publisher: J. Ross Publishing
ISBN: 9781932159516
Size: 78.47 MB
Format: PDF
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This practical and informative text demonstrates the importance of the relationship between a physically lean enterprise and accounting. It argues that to have continued success in an increasingly competitive marketplace, businesses must streamline both their physical operations and accounting methods.