What is kaizen, Managerial Accounting

Assignment Help:

What is kaizen

Kaizen is the Japanese term for continuous improvement. The kaizen concept was pioneered by in Japan by Toyota as daily challenge to all its to improve their processes and working environment little by little over time the effect of these small incremental changes compound into significant improvements to a company s value added company position.

Today the kaizen approach is endorsed many time using different name by consultants lean operation practitioners and teams of all workers in companies worldwide to bring about lasting and continuous positive change to all types of process.

Kaizen efforts are usually focused on improvement within a workstation or the local work area where a small group of individuals (the kaizen teams ) seek to improve their own work environment and productivity. The tools available to these kaizen teams have long about been little more than pencil paper a stopwatch and their knowledge of the process.

With recent advance in technology and widespread consumer use video is now becoming the tool of choice for those involves in kaizen initiatives.

Timer pro professional offers extremely easy to use video analysis tools designed specifically to compliment kaizen activities quality improvement initiatives and to facilitate on going operator training and knowledge transfer.

 


Related Discussions:- What is kaizen

TOTAL PRODUCTIVE MAINTENANCE, Identify the ways in which Total Productive M...

Identify the ways in which Total Productive Maintenance could be applied as part of a manufacturing organisation''s quality programme

Operating cycle method, Operating Cycle Method In this way, total opera...

Operating Cycle Method In this way, total operating expenses for a period are divided via the number of operating cycles in the relevant period to compute the cash need for wor

Trade credit, It is a spontaneous source of finance that is commonly extend...

It is a spontaneous source of finance that is commonly extended to business organization depending on the custom of the competition and trade prevailing within the organization and

Process Inventory, Hoe to find the cost of goods transferred under weighted...

Hoe to find the cost of goods transferred under weighted average method

Model construction, Model Construction The success of a simulation exer...

Model Construction The success of a simulation exercise is related to the predictive quality of the underlying model, so that considerable care should be taken with model const

Critique of performance measurement, Critique of Performance Measurement ...

Critique of Performance Measurement This section brings together material from preceding data in this lesson in order to provide a critical appraisal of performance measurement

FINAL ACCOUNTS- FINANCIAL STATEMENTS, Yolande Tzar came to Northern Ireland...

Yolande Tzar came to Northern Ireland from Poland five years ago to study at university. After graduating she worked as a sales manager for a local company and saved her wages to b

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd