Everything Is A Process
As the name implies, lean accounting extends the push to eliminate waste within companies that have embraced lean manufacturing. Just as there can be excessive transactions on the plant floor, there are unnecessary transactions, reports and sign-offs ...
House Of Cards
Just-in-time deliveries, lean inventories and tight relationships with key vendors. The quest to minimize supply-chain costs has maximized vulnerability. Have manufacturers gone too far?
Additional Reading
Although lean accounting techniques have not yet crept into the accounting textbooks or college classrooms, there are an increasing number of workshops and printed resources. Here are some of the best: Practical Lean Accounting, Brian Maskell and Bruce ...