If your company is adopting world class manufacturing techniques, you'll need new methods of performance measurement to control production variables. In practical terms, this book describes the new methods of performance measurement and how they are used in a changing environment. For manufacturing managers, as well as cost accountants, it provides the theoretical foundation for these innovative methods and is supported by extensive practical examples.

Synopsis:

Learn the best methods of performance measurement in the world and how they are used. Written for manufacturing managers as well as accountants, this book explains the theoretical foundation of these methods. Contents: World class manufacturing and the need for new performance measures. Shortcomings of traditional management accounting. Establishing performance targets. Measurement of: delivery performance, customer service, process time, production flexibility, quality performance, financial performance, social issues.

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