CAMLS Short Course Series

Lean Costing


Course Description

Conventional accounting indicators may disguise waste and mislead your judgment! Lean manufacturing initiatives eliminate non-value-added operations, but the impacts are often misinterpreted by conventional costing systems, which discourage lean practitioners. Lean Costing employs a new set of performance metrics to show the real performance and improvement from a lean-oriented viewpoint. Learn to expose hidden wastes and focus on adding real value now!

 

Who should attend the course?

Company executives, accounting managers, cost control specialists, cost analysts, industrial engineers, team leaders, and improvement project teams.

 

Outline (subject to change)

Session 1 - A Different View of Performance

  • The New Role of Accounting in the Lean Manufacturing World

  • Lean Costing Basics, Benefits, and the Importance

  • Lean Performance Measures

Session 2 - The Real Cost and Profit of Your System

  • Lean Costing, Pricing, and Financial Planning

  • Value-stream Cost Management

  • Activity Based Costing (ABC)

  • Target Costing: Aiming at the Real Cost

  • Budgeting and Financial Planning

Session 3 - Streamlining Your Accounting/Costing Processes

  • Waste-free Transactions: Ordering, Payment, Employment, Tax, and Reporting

  • Implementing Lean Accounting/Costing: The Maturity Path

  • Boosting Lean Accounting/Costing with Information Technology

  • Successful Lean Accounting/Costing

Session 4 - Conclusion

 

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Center for Advanced Manufacturing and Lean Systems (CAMLS)
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