BMA Inc. serves the needs of manufacturers striving to become lean and world class organizations, ready to meet the challenges of the 21st century.
In the 21st century there are new challenges facing manufacturers. They must master the methods of world class manufacturing including lean manufacturing, total quality management, empowerment of people, and production flexibility. Forward looking, highly competitive organizations are introducing lean manufacturing. The next step is to move lean concepts into the "back room" and to put the accountants on the lean team.
Lean Accounting Resources and Services
Do you wonder "Why Lean Accounting?"
Below are free resources, articles, stories and presentations that will give you a better sense of Lean Accounting, what it is, and how it can benefit your organization. Take some time to look through what is available here. To speak with a BMA representative call +1 (609) 239-1080 or email firstname.lastname@example.org
LEAN ACCOUNTING ELEVATOR SPEECH
SHORT ARTICLE ABOUT LEAN ACCOUNTING
HOW CAN BMA INC. HELP YOUR COMPANY?
HOW TO IMPLEMENT LEAN ACCOUNTING.
LEAN ACCOUNTING; PRINCIPLES, PRACTICES, AND TOOLS
INFORMATION ABOUT BMA LEAN ACCOUNTING CLASSES
HOW TO GET STARTED WITH LEAN ACCOUNTING Click here for a video walk-thru
Benefits of Lean AccountingClick the diagram below to find out more.
Our ClientsFor a list of clients BMA Inc has worked with, please click here.
Video7 Steps to Lean Value Based Pricing presented by Brian Maskell
Brian will be one of the featured speakers at the inaugural Lean Sales & Marketing Summit.
Lean Accounting Basics
Lean Accounting Elevator Speech:
What is Lean Accounting?
Lean Accounting Maturity Path.
Lean Accounting for Lean Manufacturers, by Brian Maskell
The Future of Management Accounting,
Watlow Electric Finds Value in Lean Accounting: Manufacturer of industrial electric heaters and components offers best practices for implementation.
For Ed Grinde, business unit controller for Watlow Electric Manufacturing Co.'s Hannibal, Mo., operations, lean accounting (or "value stream management," as the company calls it) has been a boon. Click here to read the entire article.
Curbing Waste at Power Curbers by Tim Heston, Senior Editor, The Fabricator. June 2009. Headline: Equipment manufacturer streamlines part flow and drastically reduces WIP and raw stock inventory. They also fast-tracked their Lean Accounting implementation with help from BMA ...
Go with the flow: secrets of business improvement by Ross Maynard, BMA Europe Senior Consultant. In this new article, Ross looks at one of the key lean philosophies, that of flow. He explores the assertion that: profitibility is related to the rate of flow ... Originally published in the UK journal Operations Management, v. 35, March 2009. Click here to read the entire article.
For Lean to Be Green the Performance Measurements Must Change by Brian Maskell, President BMA Inc., with help from Robert B. Pojasek, Ph.D. The authors posit that, for "lean and green" to be successful, environmental issues must leave the realm of the technical specialist outside the company's primary operations. "Lean and green" measurements have to be tightly integrated ... with continuous improvement processes.
Unleash the Power of Lean Accounting. Jan Brosnahan, Measurements and Controls Division Controller for Watlow Electric Manufacturing Co. has written an interesting article recounting her company's lean manufacturing and lean accounting transformation. Watlow, a BMA customer, put in place robust value stream management (VSM.) For Watlow, VSM resulted in better communication, reduced inventory and improved decision making. Click here to read the entire article.
How to Manage Through Worse-Before Better by Robin Cooper & Brian Maskell.
Knife Company Hones Competitiveness by Bucking the Status Quo. This article, by Tonya Vinas, was originally published by the Lean Enterprise Institute, June 2008. It recounts the lean success of one of BMA's customers, Buck Knives, in Post Falls, ID. www.lean.org.
Reflections on a Lean Accounting Project. by Ross Maynard, BMA Senior Consultant in our BMA Europe office. Originally published March 2007 in "Quality World" (the publication of The Chartered Quality Institute, 12 Grosvenor Crescent, London UK) Lean accounting also applies the lean philosophy to the finance process, radically stripping out transactions and complexity. This article reviews some of the lessons learned from an actual lean accounting implementation.
Count on Lean by Ross Maynard, BMA Senior Consultant in our BMA Europe office. Originally published March 2007 in "Quality World" (the publication of The Chartered Quality Institute, 12 Grosvenor Crescent, London UK)
Lean Accounting: What's it All About? "While Lean Accounting is still a work-in-progress, there is now an agreed body of knowledge that is becoming the standard approach to accounting, control and measurement. These principles, practices, and tools of Lean Accounting have been implemented in a wide range of companies ... (they) can be readily adjusted to meet your company's specific needs and they rigorously maintain adherence to GAAP ..." Brian Maskell & Bruce Baggaley."(Target® Magazine, 1st Issue, 2006, published by AME)
Lean Accounting: Novel Number Crunching
Creating the Course and Tools for a Lean Accounting System.
Costing by Value Stream
Solving the Standard Costing Problem,
Value Stream Management for Lean Companies
Lean Management Accounting
Stories from the Field:
This page features real mini case studies from companies we work with all over the world, showing how they are effectively using Lean Accounting methods to solve real business problems.
If you would like to submit a case study for this page, please contact email@example.com
#1: Using Target Costing to Increase Customer Value.
Lean Sales and Marketing. The starting point of all lean thinking is a clear and profound understanding of how we create value for the customers through our products and services. The sales and marketing personnel are in the vanguard of this vital aspect of lean. Read this just-published article here ... more.
Are ABC and and RCA Accounting Systems Compatible with Lean Management?,
Lean Accounting & ABC:
UK Aerospace Industry Promotes Lean.
Lean Manufacturing and Cash Flow.
Metrics for the Factory Floor.