Integrating the Exigencies of Lean Manufacturing in the Accounting System of Lean Thinking Organisations

Mariana Man () and Bogdan Răvaş ()
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Mariana Man: University of Petroşani, Romania
Bogdan Răvaş: University of Petroşani, Romania

Annals of the University of Petrosani, Economics, 2017, vol. 17, issue 1, 139-154

Abstract: Lean Manufacturing is a set of practices, techniques and tools used by an organisation in an integrated manner and improved continuously by means of which we remove the losses and activities that are not necessary, with the purpose to obtain customers’ satisfaction by delivering higher quality products at competitive prices in a short period of time. In this paper, the authors present a number of considerations on the fact that adapting the Lean Manufacturing by a lean thinking organisation has significant impact also on the management of its accounting system. Lean Accounting is fully consistent with the Lean philosophy, its success and precision depending on the application of Lean tools, the cost of the product being obtained through the value stream.

Keywords: Lean thinking; Lean accounting; Lean manufacturing; value stream costing; target costing (search for similar items in EconPapers)
JEL-codes: M12 M41 (search for similar items in EconPapers)
Date: 2017
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