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Financial Models and Tools for Managing Lean Manufacturing - David Meade, Meade David
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David Meade, Meade David:

Financial Models and Tools for Managing Lean Manufacturing - nouveau livre

ISBN: 9780849391859

ID: 9780849391859

The effect Lean Manufacturing programs have on profit and loss statements during the early months of their implementation often causes them to be viewed as failures. The length of time it will take traditional financial reports to reflect lean manufacturing improvements depends upon how poorly the operation was doing in terms of inventory management prior to the initiation of the lean effort. As yet, no one has put forth a set of methods for dealing with the finances and financial reporting The effect Lean Manufacturing programs have on profit and loss statements during the early months of their implementation often causes them to be viewed as failures. The length of time it will take traditional financial reports to reflect lean manufacturing improvements depends upon how poorly the operation was doing in terms of inventory management prior to the initiation of the lean effort. As yet, no one has put forth a set of methods for dealing with the finances and financial reporting issues dynamically during the implementation of lean practices, until now. Financial Models and Tools for Managing Lean Manufacturing provides an understanding of the impact that traditional accounting practices have on operational improvement programs. The book shows managers of supply chains how to prepare for and present the impact of Lean Manufacturing to top management and stakeholders. To illustrate the impact of lean manufacturing on the income statement, the authors present a multi-month, Excel™ and Pro-Model™ based manufacturing operation environment that incorporates actual sales, sales forecasts, and production results. Their text gives supply chain managers the financial skills they need to successfully manage Lean Manufacturing and its impacts. In short, the book explains how existing accounting practices have a tendency to report the results of operational improvement programs in a negative light. Other books have identified this issue but have not attempted to quantify the impact to a firm's profit and loss nor have they shown the impact over a series of reporting periods. As a consequence, although Lean Manufacturing practices are being adopted at an ever-increasing rate, they have not been eagerly embraced by manufacturers and supply chain managers. Identifying the effects of past poor manufacturing practices that are being cleaned up by the operational improvements brought by the lean program, the book arms you with the Books, Business & Economics~~Purchasing & Buying, Financial-Models-and-Tools-for-Managing-Lean-Manufacturing~~David-Meade, 1384360, Financial Models and Tools for Managing Lean Manufacturing, David Meade, Meade David, 0849391857, Taylor & Francis, , , , , Taylor & Francis

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Financial Models And Tools For Managing Lean Manufacturing
Livre non disponible
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Financial Models And Tools For Managing Lean Manufacturing - nouveau livre

ISBN: 9780849391859

ID: 6427578

The effect Lean Manufacturing programs have on profit and loss statements during the early months of their implementation often causes them to be viewed as failures. The length of time it will take traditional financial reports to reflect lean manufacturing improvements depends upon how poorly the operation was doing in terms of inventory management prior to the initiation of the lean effort. The effect Lean Manufacturing programs have on profit and loss statements during the early months of their implementation often causes them to be viewed as failures. The length of time it will take traditional financial reports to reflect lean manufacturing improvements depends upon how poorly the operation was doing in terms of inventory management prior to the initiation of the lean effort. As yet, no one has put forth a set of methods for dealing with the finances and financial reporting issues dynamically during the implementation of lean practices, until now. Financial Models and Tools for Managing Lean Manufacturing provides an understanding of the impact that traditional accounting practices have on operational improvement programs. The book shows managers of supply chains how to prepare for and present the impact of Lean Manufacturing to top management and stakeholders. To illustrate the impact of lean manufacturing on the income statement, the authors present a multi-month, Excel(TM) and Pro-Model(TM) based manufacturing operation environment that incorporates actual sales, sales forecasts, and production results. Their text gives supply chain managers the financial skills they need to successfully manage Lean Manufacturing and its impacts. In short, the book explains how existing accounting practices have a tendency to report the results of operational improvement programs in a negative light. Other books have identified this issue but have not attempted to quantify the impact to a firm's profit and loss nor have they shown the impact over a series of reporting periods. As a consequence, although Lean Manufacturing practices are being adopted at an ever-increasing rate, they have not been eagerly embraced by manufacturers and supply chain managers. Identifying the effects of past poor manufacturing practices that are being cleaned up by the operational improvements brought by the lean program, the book arms you with the knowledge you need to defend. Books, Business, Finance and Law~~Business and Management~~Management & Management Techniques, Financial Models And Tools For Managing Lean Manufacturing~~Book~~9780849391859~~David Meade, , , , , , , , , ,, [PU: CRC Press]

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Financial Models and Tools for Managing Lean Manufacturing - Meade, David
Livre non disponible
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Meade, David:
Financial Models and Tools for Managing Lean Manufacturing - nouveau livre

ISBN: 9780849391859

ID: 290059

Introduction Historical Background of the Problem Objectives of the Study Important Questions for the Study Importance of this Study References Impact of Management Accounting Methods on Lean Implementation Management Accounting Transition in Focus from Internal to External Difficulties Presented by the Current forms of Financial Reporting Just-in-Time (JIT) and Lean Manufacturing Practices Related Studies and Missing Elements Problems with Previous Studies Contributions of this Study References Multi-Period Simulation Model of a Factory with Lean Manufacturing Experimental Design, Statistical Hypothesis, and Data Analysis Experimental Design Proposed Hypotheses Data Analysis Methods Diagrams Experimental Factors Generation of a Random Sales Demand Inventory Policy Management Accounting Method Detailed Description of Data Generation Process Simulation Model Design Simulated Factory Parameters Model Manufacturing Operations Production Planning Tool Calculation of the Coming Month Production Schedule Tracking On-Hand Inventories Calculation of Income Statements by Accounting Method Model Execution Data Generation Technical Issues with the Simulation Model References Analytical Findings from Lean Manufacturing Factory Operation Raw Data and Descriptive Statistics Test of Hypotheses Results by Performance Measure and Period Gross Profit Net Profit Sensitivity to Sales Variability Service Level Sensitivity Analysis References Conclusions and Implications of Lean Manufacturing Factory Operation Summary of Research Findings Comparison to Previous Studies Implications for Practice Limitations Suggestions for Future Research Expansion of Time Horizon Expansion of the Number of Inventory Reduction Policies Modeled per Dataset Customer Service Level Measures Reduction in Reporting Cycle Expansion of Income Statements Use of Distribution Other than Normal Further Development of the Order-Activity Product Costing Method References Impact of the Pareto Distribution on Product Cost Calculations Introduction Definition of Problem Research Questions Methods Results Discussion Conclusions and Implications of This Research References Apendices Business Business eBook, CRC Press

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Financial Models and Tools for Managing Lean Manufacturing (Supply Chain Integration Modeling, Optimization and Applicat)
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Financial Models and Tools for Managing Lean Manufacturing (Supply Chain Integration Modeling, Optimization and Applicat) - livre d'occasion

ISBN: 9780849391859

ID: 01f8007b0e04f85e9afb43cb98524ef0

Anticipating the challengesthat operational improvement programs can pose to traditional accounting practices, this text equips supply chain and financial managers with proactive solutions. To illustrate the impact of lean on the income statement, the book demonstrates the set-up of a multi-month, Excel(TM) and Pro-Model(TM) based manufacturing environment that incorporates sales, forecasts, and production results. Intended to give managers the knowledge and skill set that will allow them to work with confi Anticipating the challengesthat operational improvement programs can pose to traditional accounting practices, this text equips supply chain and financial managers with proactive solutions. To illustrate the impact of lean on the income statement, the book demonstrates the set-up of a multi-month, Excel(TM) and Pro-Model(TM) based manufacturing environment that incorporates sales, forecasts, and production results. Intended to give managers the knowledge and skill set that will allow them to work with confidence in a changing environment, the book also explains how to authoritatively present challenges and needed adaptations to a company's top management, as well as to its stakeholders., [PU: CRC Press]

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Financial Models and Tools for Managing Lean Manufacturing (Supply Chain Integration Modeling, Optimization and Applicat) - Kumar, Sameer, Meade David
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Kumar, Sameer, Meade David:
Financial Models and Tools for Managing Lean Manufacturing (Supply Chain Integration Modeling, Optimization and Applicat) - livre d'occasion

ISBN: 0849391857

ID: 15820128636

[EAN: 9780849391859], Business & Economics|Industrial Management, Business & Economics|Production & Operations Management, Business & Economics|Purchasing & Buying, 386 Gramm., [PU: CRC Press]

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Détails sur le livre
Financial Models and Tools for Managing Lean Manufacturing
Auteur:

Kumar, Sameer; Meade David

Titre:

Financial Models and Tools for Managing Lean Manufacturing

ISBN:

0849391857

Anticipating the challengesthat operational improvement programs can pose to traditional accounting practices, this text equips supply chain and financial managers with proactive solutions. To illustrate the impact of lean on the income statement, the book demonstrates the set-up of a multi-month, Excel(TM) and Pro-Model(TM) based manufacturing environment that incorporates sales, forecasts, and production results. Intended to give managers the knowledge and skill set that will allow them to work with confidence in a changing environment, the book also explains how to authoritatively present challenges and needed adaptations to a company's top management, as well as to its stakeholders.

Informations détaillées sur le livre - Financial Models and Tools for Managing Lean Manufacturing


EAN (ISBN-13): 9780849391859
ISBN (ISBN-10): 0849391857
Version reliée
Date de parution: 2006
Editeur: CRC PR INC
197 Pages
Poids: 0,454 kg
Langue: eng/Englisch

Livre dans la base de données depuis 24.05.2007 21:34:45
Livre trouvé récemment le 06.12.2016 09:59:24
ISBN/EAN: 0849391857

ISBN - Autres types d'écriture:
0-8493-9185-7, 978-0-8493-9185-9

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