Category Archives: Management Accounting

Why Measuring Efficiency is Anti-Lean

The measurement of people’s efficiency has a long history in manufacturing industries. The design and production engineers calculate the time required to manufacture a product or batch of products. Each time the product is made, the “actual time” is measured … Continue reading

Posted in Cautionary Tales, Continuous Improvement, Industry, Lean Accounting, Management Accounting, Performance Measures, Process Control, Team Work, Uncategorized | Tagged , , , , , , , | 10 Comments

Lean Accounting Attributes

Posted in Economics of Lean, Financial Accounting, Lean Accounting, Management Accounting, Performance Measures, Product Costs, Transaction SImplification, Uncategorized | Tagged , , , , , , | Leave a comment

What Does This Guy Do?? Role of Value Stream Manager

For many people the role of a value stream manager is not clearly understood. Others incorrectly use the term value stream manager as a substitute for production manager or supervisor in the factory. A Value Stream Manager has full responsibility … Continue reading

Posted in 5 Lean Principles, Continuous Improvement, Industry, Lean Management System, Lean Management System Series, Lean Manufacturing, Management Accounting, Respect for People, Team Work, Uncategorized, Value for Customers | Tagged , , , , , , , , , , | 3 Comments