Location
A little known benefit of lean thinking is it will reduce costs over time, but not by using traditional cost-cutting methods. For lean to reduce costs over time, it is necessary to create and sustain a continuous cost improvement system through the application of specific principles, practices and tools. In this webinar you will learn:
- The principles of a continuous cost improvement system
- How thinking habits about costs need to be changed.
- How to properly analyze and measure cost reduction over time.
- The processes used to reduce costs over time.
BMA is the world’s leading lean accounting training and consulting firm. Our comprehensive approach to lean accounting implementation is designed to create a robust, sustainable lean accounting system for any organization wanting a transformation to lean accounting. www.maskell.com
Nick Katko is an early pioneer of lean accounting. In the 1990s, as CFO of Bullard, Nick implemented a complete lean management accounting system in conjunction with Bullard’s lean transformation, which included eliminating standard costing. Katko learned that existing management accounting systems and financial management practices for lean organizations must be made relevant to ensure the success of a lean strategy. Katko joined BMA in 2002 and has leveraged his lean accounting experience and philosophy in assisting BMA clients in developing, leading and coaching them in their lean accounting transformations, as well as lean strategy and lean office guidance. He served a range of organizations, from family-owned businesses to multi-national companies in industries such as manufacturing, healthcare, software, engineering and service.
Tuesday, July 1, 2025
10 a.m. Welcome
10:05 a.m. Presentation
10:50 a.m. Q&A
11 a.m. Program concludes
In this webinar you will learn:
- The principles of a continuous cost improvement system
- How thinking habits about costs need to be changed.
- How to properly analyze and measure cost reduction over time.
- The processes used to reduce costs over time.
- Executives/Owners
- Accounting & Finance
- Operations & Lean
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Cancelation Policy: This event may be canceled by AME for any reason. AME is not responsible for incidental costs incurred by registrants. For paid events, registration fee less a $20 administration fee will be refunded up to one week before the event. Substitutions may be made up to three days prior to the start of the event.
