Lean business guidebook : how to satisfy your customers and maximize your profit

Table of Contents: 1. Why is lean accounting vital for a company? 2. Revolutionizing the manufacturing operations: Toyota Production System 3. The lean way of doing business 4. Who should lead the implementation of lean strategy? 5. Bid adieu to standard cost accounting, welcome lean accounting 6. Lean measures for a lean company 7. Value stream costing 8. Plant capacity assessment 9. Corporate scorecard 10. Lean Performance Measurement System 11. Finance for non-finance 12. New role of Finance Team 13. Budgeting 14. Business plan review 15. Lean ERP for Lean Accounting 16. Reduction in transactions 17. System assessment/audit 18. Lean transformation journey of Perfect Gear Company Index

This book introduces a powerful system that explains how to run a company with a focus on continuous improvement. The results are a satisfied customer base, evolving products and an increase in revenue and profits. These factors determine the success for any company because business transformation involves making fundamental changes in how business is conducted to cope with shifts in the market environment. This a comprehensive book for valuable guidance on framing strategy and overcoming challenges for successful and sustainable implementation of a lean production system, daily management system and lean accounting system in companies to empower the managers to serve their customers with timely delivery of quality products while maximizing profits and easing workloads. This book empowers people in each function of a company, irrespective of which level they work in the company, and shows them the way to operate on a daily basis to achieve the company's strategy while simultaneously fulfilling their career goals. The book lays out a brief history of the evolution of lean concepts with a focus on lean accounting.