Suppose you are a manager of a BASF chemical plant. The plant has just undertaken a business process reengineering project and, as a result, has substantially changed its production process. It is much more automated, with newly acquired equipment replacing labour-intensive operations. The plant is also making more use of electronic commerce and moving toward a JIT inventory policy. You have a meeting with your accountant to discuss possible changes in your accounting system. What types of accounting-system changes might be warranted?