Selection of the cost system in accordance with the lean production environment

Today, businesses must overcome their competitors by making innovations in the global competition, since nowadays the world is seen as single marketplace and a great arena where millions of products are marketed. Therefore, in order to be successful in the global competition, the number of bussinesses which change the production system to the lean manufacturing system is increasing day by day. The lean manufacturing system, which was first adopted by Toyota, is still in use. For businesses using the lean manufacturing system, the traditional cost management system is insufficient to report desired information. Therefore, an approach called lean accounting in the literature is being used in bussinesses. Lean accounting system is a system that provides the preparation of lean reports for businesses using lean manufacturing systems, providing better value stream analysis and accurate data in decisions to be taken. The value streaming system, which is suitable for organizing according to the value streams of the bussinesses using the lean manufacturing system, serves more for the purpose of lean operations. In this study, the emergence of the lean manufacturing system and the current situation are evaluated. In the following sections, the lean accounting system, its benefits and feasibility, which are required for businesses using the lean manufacturing system, are analyzed. In this context, information about the value stream costing method will be given and a cost system suitable for lean manufacturing environments will be selected. Keywords: Lean manufacturing, Lean accounting, Value stream costing, Value stream