Financial Models and Tools for Managing Lean Manufacturing

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.