Lean manufacturers take stock of accounting innovation: Fishers company optimistic movement will gain favor

The leanest aspect of lean manufacturing is moving from the shop floor to the accounting office, where a new recordkeeping system is gaining a following. Proponents of so-called lean accounting say it's better than traditional accounting at measuring the cost savings and efficiencies of lean manufacturing, a business-improvement strategy that shortens the time between customer order and shipment. Instead of simply looking at inventory levels and sales numbers as traditional accounting does, lean accounting measures things such as worker productivity...

 

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