Infor Webinar Highlights Accounting Principles that Can Drive Lean Initiatives Throughout the Enterprise

Explores Product Costing and Financial Accounting Contradictions; Discusses Options that Align with Lean Practices

Atlanta, GA, February 23, 2007 --( Infor, one of the largest global providers of enterprise software, will show how companies can ensure their accounting practices support their lean initiatives through a live webinar. “Cost Accounting & Financial Accounting Contradictions that Undermine Your Lean Manufacturing Success,” will be held on Wednesday, February 28, 2007.

Today’s manufacturing landscape is riddled with demand fluctuations, pricing and compliance pressures, and ever-extending supply chains. In an effort to improve efficiency in their manufacturing facilities, many companies have implemented Lean processes to achieve significant production performance gains. However, there is a largely unrecognized need to introduce revised costing and management accounting methods that provide a more realistic financial view of performance within a Lean context.

“Manufacturing operations and traditional cost accounting methods have different perspectives and agendas for measuring business performance,” said Mike Frichol, Infor’s vice president of global industry and product marketing. “This webinar will highlight how companies should align accounting practices with Lean production process improvement initiatives for more relevant financial business management across the organization.”

When: February 28, 2007 from 2:00 PM – 3:00 PM EDT
Who: Mike Frichol, CPIM, Vice President, Global Industry & Product Marketing Infor

Frichol will discuss and provide pragmatic recommendations for improving Lean performance results by identifying product costing and financial accounting contradictions, and establishing alternate methods consistent with Lean principles.

About Infor
Infor delivers fully integrated enterprise solutions for specific industries, as well as best-in-class standalone products that address the essential challenges its customers face in areas such as enterprise resource planning, supply chain planning and execution, customer and supplier relationship management, asset management, product lifecycle management, and business intelligence. With more than 8,100 employees and offices in 100 countries, Infor provides enterprise solutions to more than 70,000 customers. For additional information, visit


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