15. May. 2014

Financial benefits of Lean improvements

by KII

“We see wonderful result in operations but, they don’t show up in the financial statements. If Lean is so great why doesn’t it hit the  bottom line”?

What happens in early phase of Lean …

What Lean improvements bring …

So what to do?

Three Choices:

1. Eliminate the resource
2. Use the freed up Resource to expand the business
3. Otherwise, do some combination of the above two

True analysis of Lean improvements can only come by giving due consideration to the freed up resource and by setting up a strategic team to “find the best option” for the free resources.

Acknowledgement: Practical Lean accounting by Brian Maskell

Recent Posts

 

30. Oct. 2018

KAIZEN™ for Newbies

by Narasimhan Gopalkrishnan, Senior Consultant, Kaizen Institute India

 

23. Oct. 2018

Establishing a Standard Work Chart

by NARASIMHAN GOPALKRISHNAN-SENIOR CONSULTANT AT Kaizen Institute INDAF

 

09. Oct. 2018

Problem Solving

by NARASIMHAN GOPALKRISHNAN-SENIOR CONSULTANT AT Kaizen Institute INDAF

 

Popular Posts

 

05. May. 2015

SDCA before you do PDCA

by KII

 
 

02. Jun. 2014

16 types of loss in Gemba

by KII

 
arrow up