One outcome of lean is a reduction in inventory, and this creates a unique opportunity for accounting to simplify the inventory valuation process while maintaining compliance with Generally Accepted Accounting […]
Using lean to create a continuous improvement system for accounting is different than in lean manufacturing. The basic lean tools and practices are relevant for accounting, but the starting points […]
BMA’s December Webinar - Connecting Continuous Improvement to the Bottom Line In partnership with KPI Fire (www.kpifire.com) join Nick Katko of BMA on December 19, 2023, at 11:00 am Eastern US time for this free webinar, which will last one hour. It is well known that continuous improvement has a positive impact on the performance […]
“Time is money” is an expression we’ve all heard or used many times. It means “don’t squander or waste time because it’s a valuable resource that needs to be spent wisely.” In lean companies, this is how lean leaders view time, as a valuable resource. Their focus is on getting all employees to spending more […]
A value stream income statement is an essential analytical financial management tool for a lean organization. It presents revenue and expenses in a usable, easy to understand format for internal […]
In this webinar, Nick Katko will share BMA’s proven process for a successful lean management accounting transformation, which can be used by any lean company in any industry. In this […]
Part 1 of the Value Stream Management Webinar Series Value stream management is the integration of lean accounting with lean practices into a holistic management system designed to serve customers […]
Part 2 of the Value Stream Management Webinar Series Value stream management is the integration of lean accounting with lean practices into a holistic management system designed to serve customers […]
Value stream management is the integration of lean accounting with lean practices into a holistic management system designed to serve customers better, improve productivity and improve financial performance. Value stream […]
Lean is a multi-faceted business strategy, with a primary focus on employees and learning. Through continuous improvement activities, people learn how to eliminate waste, serve customers better and improve productivity. […]
