Continuous Improvement, sometimes also known as continual improvement, is a continuous process of improving products, services, or processes to achieve organizational excellence. Continuous improvement is a never-ending effort. The right, mind-set, and proper training are required on the managerial level to implement this approach. It is also known as Kaizen in lean management.
After World War II, this theory was coined by Kaizen in Japan. It is the approach that booms the Japanese manufacturing sector massively. By adopting this approach, Toyota is now the world’s largest automobile manufacturer.
Figure 4.21 shows the swim lane process map for a
Many fast-food restaurants compete on lean business concepts. Match
Hale Specialties manufactures, among other things, woolen blankets for the
Match the quality “guru” with the specific aspects of their
Some companies have switched from a “management by exception” philosophy
Many fast-food restaurants compete on lean business concepts. Match
Following are three separate events affecting the managerial accounting systems for different
Canon manufactures digital cameras and must compete on lean manufacturing concepts.
The Midwest Consulting Group (MCG) helps companies build balanced scorecards
Pat James, the purchasing agent for a local plant of the
