The Value Stream

An Oregon Manufacturers' Resource

Deciphering New Lease Accounting Changes

Over the past 10 years, the U.S. Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have been working together on a plan to overhaul lease accounting. The primary benefits of leasing will be unchanged under the new rules:  Leasing continues to provide a host of advantages,…

Lean Purchasing for Manufacturers

Lean Manufacturing = Eliminating Waste For several decades, manufacturers have been pursuing lean on their shop floor to reduce costs and improve lead times through waste elimination and process improvement.  Identification and elimination of the 8 Wastes, reduction of non-value add activities, 5S workplaces, standard work, and continuous…