Description
Taylor and Francis Ltd The Lean Business Guidebook 1st Edition 2022 by Bindra, MJS
This book introduces a powerful system that explains how to run a company with a focus on continuous improvement._x000D__x000D_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. The main challenge is ensuring operations colleagues in different functions understand the link between their daily work and the profit and loss statement. In addition, it illustrates how finance personnel can assist the operations team and be a part of the transformation journey. _x000D__x000D_This book is not meant to impart theoretical knowledge of the lean production system, daily management and lean accounting, as there are many books already available that focus on the methodology instead of the implementation. 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. This book guides the successful implementation and sustenance of lean and kaizen tools and provides answers to the questions: _x000D__x000D__x000D__x000D__x000D__x000D__x000D_Who should lead the lean and kaizen implementation in the company? _x000D__x000D__x000D__x000D_Where should the lean and kaizen journey begin? _x000D__x000D__x000D__x000D_Which lean and kaizen tools should be implemented first? _x000D__x000D__x000D__x000D_How important is capacity for the company? _x000D__x000D__x000D__x000D_How much current capacity is wasted and how much free capacity is available? _x000D__x000D__x000D__x000D_Where exactly are the resources being wasted in the company? _x000D__x000D__x000D__x000D_How can the company reduce waste to release capacity for more production? _x000D__x000D__x000D__x000D_Why should the daily management system and lean accounting system be implemented simultaneously with the lean production system? _x000D__x000D__x000D__x000D_Why must managers understand the monetary value of their daily activities? _x000D__x000D__x000D__x000D_Is there an easy way of making a profit and loss statement that is understood at each level in the company? _x000D__x000D__x000D__x000D_Why is one-day closing of accounts important and how can it be done?_x000D_ _x000D_
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_x000D_