Value Stream Accounting

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Value Stream Accounting – Driving World Class Business Processes

An Executive Overview: Information you need to drive the implementation of World Class Business Process Improvements through Value Stream Accounting & Mapping. These improvements will provide the Metrics/Measures to combine with action plans to communicate and implement changes that will make the vision of the World Class Enterprise a reality.

Who Should Attend:

Accounting professionals at all levels, CFOs, CIOs, CEOs, Presidents, Business Owners Operations and Supply Chain professionals should attend – people with an interest in learning how to leverage accounting functions in their companies’ quest to achieve dominance in their markets.

About the presentation:

Value Stream Accounting and Value Stream Mapping include many different techniques to create visualizations and measures (accounting) of what happens during the process of adding value in the form of products or services. For our purposes, “value” is intrinsically “what the customer is willing to pay (and wait) for.”

Properly developed Value Stream Maps:

  • Create a vision of the future by uncovering wastes and opportunities to produce flow, and make them visible to all, along with the right metrics, measures and accounting techniques to support the on-going process of improvement.
  • Enable broad participation in shaping the future.
  • From your customers’ perspective reduce the risk of creating “islands of excellence” with Lean and World Class Manufacturing concepts without improving the total Value Stream’s capability.
  • Help to break down communication barriers.
  • Provide the basis for an implementation road map.

Summary Learning Objectives:

  • History and Evolution of Value Stream Metrics (Accounting) and Value Stream Mapping.
  • An interactive Group Exercise, “The Value Stream Accounting and Mapping Continuum.”
  • Considerations in preparing for Value Stream Accounting & Mapping at your company
  • How to conduct the Value Stream Mapping Process – a TEAM Effort.
  • Business Process Improvement Implementation Planning – Using Current/Future Value Stream Maps as a guide.
  • Setting Goals, Metrics, and Measures, Value Stream Accounting – “be careful what you ask for you might get it!”
  • Case Studies.
  • Q&A Forum.

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