Infor Webinar Highlights Accounting Principals That Can Drive Lean Initiatives Throughout the Enterprise.Explores Product Costing and Financial Accounting Contradictions; Discusses Options that Align align (  līn),v to move the teeth into their proper positions to conform to the line of occlusion. with Lean Practices ATLANTA Atlanta (ətlăn`tə, ăt–), city (1990 pop. 394,017), state capital and seat of Fulton co., NW Ga., on the Chattahoochee R. and Peachtree Creek, near the Appalachian foothills; inc. 1847. -- Infor, one of the largest global providers of enterprise software, will show how companies can ensure their accounting practices support their lean initiatives through a live webinar. "Cost Accounting & Financial Accounting Contradictions that Undermine Your Lean Manufacturing Lean manufacturing is the production of goods using less of everything compared to mass production: less human effort, less manufacturing space, less investment in tools, and less engineering time to develop a new product. Success," will be held on Wednesday, February 28, 2007. Today's manufacturing landscape is riddled rid·dle 1 tr.v. rid·dled, rid·dling, rid·dles 1. To pierce with numerous holes; perforate: riddle a target with bullets. 2. with demand fluctuations, pricing and compliance pressures, and ever-extending supply chains. In an effort to improve efficiency in their manufacturing facilities, many companies have implemented Lean processes to achieve significant production performance gains. However, there is a largely unrecognized need to introduce revised costing and management accounting methods that provide a more realistic financial view of performance within a Lean context. "Manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. and traditional cost accounting methods have different perspectives and agendas for measuring business performance," said Mike Frichol, Infor's vice president of global industry and product marketing. "This webinar will highlight how companies should align accounting practices with Lean production process improvement initiatives for more relevant financial business management across the organization."
When: February 28, 2007 from 2:00 PM - 3:00 PM EDT
Who: Mike Frichol, CPIM, Vice President, Global
Industry & Product Marketing Infor
Register: http://registration.infor.com/s/681/
Frichol will discuss and provide pragmatic recommendations for improving Lean performance results by identifying product costing and financial accounting contradictions, and establishing alternate methods consistent with Lean principles. About Infor Infor delivers fully integrated enterprise solutions for specific industries, as well as best-in-class standalone stand·a·lone adj. Self-contained and usually independently operating: a standalone computer terminal. products that address the essential challenges its customers face in areas such as enterprise resource planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. , supply chain planning and execution, customer and supplier relationship management, asset management, product lifecycle Product lifecycle or product life cycle is the course of a product's sales and profits over time. The five stages of each product lifecycle are product development, introduction, growth, maturity and decline. management, and business intelligence. With more than 8,100 employees and offices in 100 countries, Infor provides enterprise solutions to more than 70,000 customers. For additional information, visit www.infor.com. |
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