Lean Accounting Class
Most organizations that are progressing on the lean journey have little doubt that it is having a positive impact on their company. Nevertheless, stakeholders, leaders, and managers find themselves struggling to answer some basic questions:
- What will be the impact of our Lean initiatives on the bottom line next year?
- We don't have enough money or resources to do everything. What should we work on first to get the most “bang for the buck”?
- I like the Lean tools and processes that are being proposed for my facility. But how long will it take to recover the investment I made in budget and resources?
If your company or organization finds itself struggling with these questions, it's time to take the Lean Accounting class from PMC. Lean Accounting will ensure that everyone who's involved with evaluating potential solutions will be using the same standardized accounting methods. These tools will also allow you to uncover the financial leverage point in your organization. This leverage point will become the focus of your organization's lean activities. Focusing your resources at this point will ensure that you have the largest impact on the bottom line with the money and resources you have available.
So if you are struggling to justify Lean in your organization, go to the contact page on the PMC website and ask to have a Lean Accounting expert talk to you about this new, important tool in the Lean toolbox.
Lean Metrics Class
Your company has decided that it needs to get "into the game" as far as Lean as concerned. But do you know how to keep score? Setting up the correct metrics for your company is a critical first step to ensure that your Lean program starts off on the right foot. You'll learn how metrics drive behaviors, and the importance of setting the right metrics to help your people make the paradigm shift towards Lean thinking.
In this class, we'll first take a look at the current measures that you're using in the organization and check if they qualify to be Lean metrics. Then we’ll talk about the Lean Planning tool, called Hoshin Kanri, and the Plan-Do-Check-Act process of implementing what we developed with Hoshin Karni. Finally, we'll see how well our plan works when we take a set of sample Lean Metrics and try them out in a simulated company -- complete with divisions, plant managers, and workstations that need to be improved.
You may be uncertain of where to start with Lean, or struggling to develop metrics for the Lean journey, or perhaps you feel it’s time to restart and revitalize your Lean efforts. If so, click over to the contacts page on the PMC website. Fill in your contact information, and ask to have a Lean Metrics expert contact you about this exciting class, and how it will take you to the next level.
Size of the Prize Evaluation
Companies beginning the Lean journey often struggle with understanding the financial benefits of this new way of running a business. To help understand the financial impact of installing a focused Lean approach within your organization, contact PMC about performing a Size of the Prize evaluation. This evaluation will help determine where the opportunities are, from a financial perspective, in your company. Lean initiatives often reduce inventory and cut costs, but when it is all said and done, will it improve your bottom line performance?
The Size of the Prize evaluation is done at two levels. The First Level, which is usually done by teleconference, is an interactive session that starts with a series standard questions that will help us understand where the financial waste is occurring. Are you meeting demand for all the products in your portfolio during peak seasons? Are you working excessive overtime or putting in premium hours in order to meet demand? Are you holding weeks and weeks of inventory "just in case”? This evaluation also helps determine where the largest waste is occurring. This location becomes the focus for our Second Level Size of the Prize evaluation.
The Second Level of evaluation utilizes both value stream maps and simulation analysis to help determine the benefit of the implementation of standard lean tools and initiatives. This evaluation will help determine the set of tools that will have the greatest impact on the bottom line, and where these tools should be focused.
So if your organization is struggling to get started with Lean, contact PMC about performing a Size of the Prize evaluation.
Lean Project Management Class
Lean processes and tools have made strong inroads in the manufacturing and operational areas of most companies. But one area that needs a lot of help (and is currently not addressed by Lean in most organizations) is project management. Everyone, at some point in their career, ends up either managing or playing a critical role in a project that's important to the future of the organization. It could be in research and development for new product, or helping to install a new line in a plant, or building a new facility to meet the needs of a growing market.
Most projects share one thing in common: They are always late as compared to the original promise date. In the Lean Project Management class, you will learn what policies, procedures, and factors cause this to happen. You will also learn about the methods and techniques that you can put in place to avoid or overcome these obstacles. Not surprisingly, many of the Lean techniques used in the manufacturing organizations today can be easily applied in the project management world to help address these obstacles. Learn about how to find and improve the Critical Chain, how to develop safety time for the entire project, and how to effectively manage this project safety time. These techniques will help ensure a significantly higher level of due date performance.
So if your company’s ability to complete projects on time is keeping you from reaching your goals, contact PMC about taking a Lean Project Management Class.
For more information or to register for a course, please click here.