Forum N: The application of Lean principles and processes to reduce Total Cost of Ownership

Reduce total cost of ownership of fixed assets by applying Lean principles to your financial planning and decision-making processes. Doug Kessler and James Smith illustrate the application of the Toyota Motor Sales Lean fixed-asset budgeting process which integrates capital, repairs, and maintenance budgeting and funding to create value and cut costs. Here you’ll learn how the new Lean thinking, analysis, tools, and planning effectively recast the use of life-cycle performance, condition assessment, deferred maintenance tracking, and parametric modeling to quantify processes, eliminate wasted expense and effort, streamline service delivery, and reduce annual spending.

This session is approved for AIA/CES units.

Leaders:

• Doug A. Kessler -- Vice President, Roy Jorgensen Associates, Inc.
• James Smith -- Services Solutions Manager, Roy Jorgensen Associates, Inc.