Using Dynamic Value Stream Mapping And Lean Accounting Box Scores To Support Lean Implementation
Year: 2010
Type: article
Abstract: Lean has proven to be an effective management philosophy for improving businesses in a competitive market by eliminating waste and improving operations. An impact of implementing lean projects is the rapid reduction in inventory levels, which gives management the false impression that profits are decreasing while workers on the shop floor observe improvements in operations and increased floor space. This paper explores the literature on lean manufacturing, value stream mapping (VSM), Simulation and lean accounting in order to incorporate and integrate them for the purpose of solving the dilemma between lean implementation benefits and financial and accounting reporting methods.
Authors: Stephen L. Woehrle, Louay Abou-Shady
Institution: Minnesota State University, Mankato
Language: English
Subfield: Management Information Systems
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W2173786249