Lean Accounting and Waste Management of Nigerian Breweries: An Empirical Analysis

Dorathy C. Akpan & Ese B. Nsentip

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Abstract

This work empirically examined the effect of lean accounting on waste management of Nigerian Breweries, using Champion Breweries as the case study. A survey research design was adopted in this study. The primary data used were collected through a structured questionnaire administered purposively to 50 workers in Champion Breweries. The data collected were analyzed using tables, simple percentages, descriptive statistics, correlation analysis and the hypotheses were tested using ordinary least square regression technique. The results of the analysis showed that lean accounting has significant effect on process waste management; significant but negative effect on product quality but insignificant effect on inventory waste management of Nigerian breweries. Thus the study concluded that the application of lean accounting can aid organization achieve efficient and effective waste management. The study recommended that companies should fully adopt lean manufacturing processes and lean accounting methodologies in order to enjoy the attendant benefits of waste reduction, product quality and customer retention, which ultimately maximize shareholders' wealth.

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