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Autoliv Inc. : using lean practices to improve the AP reconciliation process

Author: Rosemary Fullerton; Staci F Gunnell; R Chance Murray
Publisher: London : SAGE Publications Ltd., 2017.
Series: SAGE Knowledge., Cases.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
This case describes a process improvement project that occurred in collaboration between the finance department at an Autoliv Inc. facility and a graduate cost accounting class. The graduate students were asked to use their understanding of lean concepts to help identify and eliminate waste in the AP reconciliation process at Autoliv. Students were assigned to small groups, and the group with the solution that best  Read more...
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Genre/Form: Electronic books
Case studies
Additional Physical Format: Print version:
Fullerton, Rosemary.
Autoliv Inc.
London : SAGE Publications Ltd., 2017
(OCoLC)1017728055
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Rosemary Fullerton; Staci F Gunnell; R Chance Murray
ISBN: 9781526426741 1526426749
OCLC Number: 1112678775
Notes: Originally Published In Fullerton, R., Gunnell, S. F., & Murray, R. C. (2013). Autoliv Inc.: Using lean practices to improve the AP reconciliation process. IMA Education Case Journal, 6(3), Article 1.
Description: 1 online resource (1 online resource) : illustrations.
Series Title: SAGE Knowledge., Cases.
Responsibility: Rosemary Fullerton, Staci F. Gunnell, R. Chance Murray.

Abstract:

This case describes a process improvement project that occurred in collaboration between the finance department at an Autoliv Inc. facility and a graduate cost accounting class. The graduate students were asked to use their understanding of lean concepts to help identify and eliminate waste in the AP reconciliation process at Autoliv. Students were assigned to small groups, and the group with the solution that best fit the customer needs was chosen by the Autoliv finance team. The new process was implemented at Autoliv by the student team leader. The case study duplicates this collaborative experience and provides a real-world example for using problem-solving skills, accounting knowledge, Excel experience, lean practices, and creative thinking to prepare a feasible, simple, and sustainable improved process. There is no right answer to the case study, but the process to come up with a solution can be used for many different types of applications.

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