Lean manufacturing is a production system that eliminates waste through all steps in the process to build a product. Companies using lean systems work to reduce costs, inventory and cycle time -- the ...

If you are in the accounting department in a lean manufacturing company, and your company uses a standard costing system, it is inevitable that the you will be faced with dealing how your standard ...

Question: What are some good metrics to measure the effectiveness and performance of the purchasing department? Answer: This is a great question that I plan to answer in what will likely become a ...