The Measurement Nightmare: How the Theory of Constraints Can Resolve Conflicting Strategies, Policies, and Measures / Edition 1

The Measurement Nightmare: How the Theory of Constraints Can Resolve Conflicting Strategies, Policies, and Measures / Edition 1

by Debra Smith
     
 

ISBN-10: 1574442465

ISBN-13: 9781574442465

Pub. Date: 01/28/2000

Publisher: Taylor & Francis

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

Overview

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.

Product Details

ISBN-13:
9781574442465
Publisher:
Taylor & Francis
Publication date:
01/28/2000
Series:
APICS Constraints Management Series
Edition description:
New Edition
Pages:
208
Product dimensions:
6.00(w) x 9.10(h) x 0.70(d)

Table of Contents

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

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >