As part of our expanding coverage of lean systems, the University of Kentucky Center for Manufacturing invites you to attend a deep dive in lean accounting and performance measurement conducted by Brian Maskell and Associates, author of Practical Lean Accounting. This three-day seminar will teach you how you can make appropriate changes in your accounting systems to support an overall transformation to a lean enterprise. This course is appropriate for accounting managers and operations managers and will help both improve their production systems and supporting accounting systems.
Instructors: Brian Maskell and Associates
Location: Lexington, KY
Course Dates:
September 8-10, 2008
November 11-13, 2008
Purpose
• explain why new methods of accounting control & measurement are required as the company introduces lean manufacturing & lean thinking
• present lean methods for performance measurements
• present lean costing methods that provide more accurate & simpler information than standard costs
• show how day-to-day decisions relating to pricing, quoting, make/buy, sourcing, rationalization, etc. are made using value stream costs
• show how product costs can be calculated from value stream costing
• develop a prudent maturity path towards the elimination of operational & financial transactions
• understand the importance of capacity & flow within value streams
• develop a lean approach to the financial impact of lean improvements
• show how lean organizations achieve a well-planned and effective operation
• show how the “voice of the customer” can be translated into action & improvement throughout the company
• develop a practical approach to implementation of Lean Accounting Agenda
Day One
Morning
• why lean accounting is important
• why do finance and operations people think differently
• lean performance measurements; cells, value streams, & strategic measurement
Afternoon
• performance measurement “linkage chart”
• value stream costing
• defining value streams
• data gathering methods for value stream costing
• consolidated value stream income statement Day Two
Morning
• box score reporting
• lean decision-making without standard costs
• “marginally challenged” products or orders
• features & characteristics costing
Afternoon
• elimination of wasteful transaction
• “what must be in place” exercise
• value stream cost & capacity analysis
• more box score reporting
• financial benefits of lean manufacturing & making it work Day Three
Morning
• sales, operational, & financial planning for lean value streams
• SOFP questionnaire
• target costing; driving the business from customer value.
• lean accounting jeopardy
Afternoon
• implementing lean accounting; the maturity path
• lean accounting assessment
• creating a practical action plan for implementing lean accounting
Registration Fee - $1,995 per person.
Fees - The registration fee covers the course, luncheons,
and breaks - lodging and other meals not included.
Cancellations - Cancellations are subject to a service charge of $100.00. Confirmed registrants who do not attend, or cancel less than seven days before the course are responsible for the entire fee. You may send a substitute. to register online
For General Information and
Public Course Registration Contact:
Sandra Dunn
Email:sdunn@engr.uky.edu
Phone: 859-257-6262, ext. 214
Toll Free: 800-227-6268
Cell: 859-338-3742
For Customized Solutions or
Dedicated Training Contact:
HeatherMichele Adkins
Email:hadkins@mfg.uky.edu
Phone: 859-257-6262, ext. 458
Toll Free: 800-227-6268
Cell:859-684-0311 |
