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15 May 2012 what is lean accounting?

15 May 2012 Although LEAN concepts can be applied to all aspects of a company’s business, to date they’ve been implemented mostly in factories. The tool is applied by health care, construction, insurance, banking, education, government and other industries.
The objective is to eliminate waste, free up capacity, speed up the process, eliminate the errors and defects, make the process clear and understandable. Lean, per se, involves three fundamental concepts:FLOW, PULL and Continuous improvement.


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