Customer and Product Profitability from a Lean Accounting Perspective Summary
Dear Reader,
I have had the pleasure of working with Brian and Micheal from The Cumberland Group for over 5 years. They are two of the finest experts on Business Process optimization including Lean, Kaizen and a host of other acronyms I have met in my 20+ years of business. Understanding Customer and Product profitability from a Lean Perspective is excellent fuel for thought. Good reading.... Jon C. Liberman
Most standard costs systems give a misleading picture of customer profitability. When product or customer profitability is looked at through this lens the information is misleading and often flat-out wrong. The end-result is an imaginary cost figure that has nothing to do with reality.
Instead organizations should look at profitability through a lean manufacturing or lean accounting perspective. Looking at the world through this lens results in a different type of analysis. Please read on to learn more about this subject and our offer for a free copy of our Lean Accounting Assessment Instrument.
SMOKE SIGNAL Contributors:
Michael Bremer and Brian McKibben, Partners in The Cumberland Group
The Cumberland Group provides consulting, training and methodologies for Business Process Optimization and Business Team Effectiveness. Special focus on Lean Flow Manufacturing methods and expanding Continual Improvement initiatives.
