Monthly Archives: April 2011

Implementing SOFP – SOFP Series Blog #8

This is the last blog in this series. In the previous blogs we looked at why SOFP is important to lean organizations and how SOFP is specifically a lean approach. We then went through the 5 primary steps that occur … Continue reading

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Target Costing and Understanding Product Costs – Lean Accounting for NPD Blog #8

Target Costing and Understanding Product Costs Lean Accounting for NPD Blog #8 Most traditional companies calculate prices based on the product cost. Lean organization turn this completely around. They set product costs from the price. Where do you get the … Continue reading

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SOFP Executive Meeting – SOFP Series Blog #7

SOFP Executive Meeting SOFP Series Blog #7 The SOFP Executive Meeting is possibly the most important aspect of SOFP. Sales, Operations, and Financial Planning is not production planning; it is updating the business plan each month and communicating the plan … Continue reading

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