The Measurement Nightmare: How the Theory of Constraints Can Resolve Conflicting Strategies, Policies, and Measures

ISBN-13: 9781574442465 / Angielski / Twarda / 1999 / 208 str.

Debra A. Smith

Opis

Today's competitive environment requires that companies distinguish th emselves in the marketplace using factors other than prices. Companies that excel at on-time delivery, short cycle/leadtime, quality, and fa st response to the market gain a competitive edge - and have the abili ty to market based on these features. A proven approach to achieve th is is the Theory of Constraints (TOC) production solution known, as dr um-buffer-rope scheduling. Just in time (JIT), Total Quality Managemen t (TQM) and other philosophies aim at exploiting these competitive edg e factors. However, accounting systems, financial, and incentive measu rements continue to be the biggest stumbling blocks to companies wishi ng to improve their financial performance with these tools.

Spis treści

Unbelievable Decisions by Companies You Would Know if I Could Name Them
The Measurement Nightmare
Theory of Constraints: The Evolution of a Revolution
How We Got in This Accounting Measuring Mess
Drum-Buffer-Rope Basics and Predictable Implementation Effects
New Manufacturing Floor Measurements and Reporting
New Measures for Operations: Subordination
The Bridge Between Throughput Accounting and GAAP Financial Statements
Four Basic Strategic Decisions from a Theory of Constraints/Management Accounting Standpoint
Aligning Strategy in the Organization

O autorze

Debra Smith