Category Archives: Transaction SImplification

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

Why Do We Need Work Orders? We Don’t !!

Lean companies – for the most part – do not use Work Orders to control production. Why not? Because work orders are very wasteful. It takes a lot of time and effort to run the work-order process, and it is … Continue reading

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Lean Accounting & Traditional Accounting Compared Part 10–DATA GATHERING–HOW LEAN COMPANIES CREATE CONTROL

In the previous blogs on this topic, I showed how traditional companies try to create control in their processes. They use “big data” with complex data gathering and storage in ERP and other systems. Lean companies do the opposite. They … Continue reading

Posted in Lean Accounting, Lean Culture, Lean Management System, Lean Manufacturing, Transaction SImplification | Tagged , , , , , | Leave a comment