After targets have been set, they are continuously updated to display past improvements, and projected (expected) improvements.
Adopting Kaizen costing requires a change in the method of setting standards.
Kaizen costing focuses on "cost reduction" rather than "cost control".
You’ll learn how to think outside the suggestion box, remove mental blindfolds, manage stress with one-minute exercises, and handle rising health-care costs. Shingo co-developed TPS (LEAN) with his deep understanding of how to improve the overall process of production. Shingo reveals how he taught Toyota and other Japanese companies the art of identifying and solving than 200 photographs, flow diagrams, value stream maps, and tables--and features a case study that illustrates how a company became more competitive by successfully implementing kaizen principles. It offers the most complete and detailed instructions available anywhere for transforming a manufacturing environment in ways that will speed up production and make small lot inventories feasible.
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It also uses written forms of communication with articles in team briefings and newsletters.
Everyone has a part to play in continuous improvement.