A value stream income statement is an essential analytical financial management tool for a lean organization. It presents revenue and expenses in a usable, easy to understand format for internal users, which allows them to establish the relationships between lean operations and costs. Understanding the relationships will allow companies to leverage the economics of lean to drive profitable growth.
In this webinar you will learn:
• The principles and practices of value stream income statements
• How to simplify the presentation of costs for analytical purposes
• How to use value stream costs to achieve cost reduction over time
• How to understand the real financial impact of sales opportunities