ABSTRACT

As you review performance progress, be sure to highlight even small savings and improvements. These add up, and are key to the overall large gains of a lean implementation. Eliminating waste makes your company stronger and more competitive, and it results in cost reductions. We recommend that you ask your accounting staff to help you determine the financial impact of improvements such as increasing inventory turns, reducing work-in-process, reducing changeover times, and so on (see Figure 5-2).