FUND.ACCT.PRIN.
FUND.ACCT.PRIN.
25th Edition
ISBN: 9781260247985
Author: Wild
Publisher: RENT MCG
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Chapter D, Problem 6DQ
To determine

Concept:

Lean Management and Lean Techniques:

Lean management is a management technique which places emphasis on elimination of waste and unproductive activities with a view to increase and enhance productivity.

Lean management aims to reduce costs, defects, storage of inventory and waste in the form of unproductive activities.

Lean techniques include various methods such as Kaizen, Poka-Yoke, Kanban, 5S etc. which aim to identify and eliminate waste in the various processes of the organization such as Manufacture, Selling and Distribution, Supply chain management etc.

If amazon can use lean management techniques

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