Subscription Required
To get access to this video, and more than 1000 like it Subscribe Online today!
Direct Costing vs. Value Stream Costing
Learn the similarities and differences between direct costing and value stream costing, and where they can be used.
Course Videos
Getting Started with Lean Finance
09:16
2How Continuous Improvement Helps the P&L
03:41
3How Continuous Improvement Reduces COGS
03:15
4How Continuous Improvement Reduces Inventory Carrying Costs
02:59
5How to Calculate Soft Savings
08:06
6How Lean Can Make a Company's P&L Look Worse
03:26
7Why Don't We See Financial Results from Our Improvements?
05:32
8What Is Absorption Costing?
02:15
9Why Move Away from Absorption Costing?
03:03
10How to Start Moving Away from Absorption Costing
04:21
Current Video
Direct Costing vs. Value Stream Costing
02:37
Next VideoMake-to-stock, Make-to-order, And Deferred Revenue Recognition
03:02
13Lean Budgeting and Forecasting
06:04
14How to Improve the System as a Whole
03:02
You must be logged in to access Gemba Academy resources.
Video Resources
Course Resources
Next Video Make-to-stock, Make-to-order, And Deferred Revenue Recognition
During a lean transformation, many operations shift from make-to-stock to make-to-order. In some cases, this can result in deferred revenue recognition. Learn why it’s important to understand how this happens, as well as what it means for financial reporting and the balance sheet.