by Dr Lisa | Theory of Constraints for Strategy
Theory of Constraints Leadership Theory of Constraints Leadership or leadership in general, is a topic I’ve never given much thought to. I’ve owned a job shop and now I help custom job shops and machine shops to reduce lead-time, improve due date...
by Dr Lisa | Theory of Constraints Thinking Processes
A Lesson on Theory of Constraints Negative Branch Reservations (NBR) “Now let’s go live to Suzy who is reporting live from the level 5 hurricane… Suzy, how is it out there?” “Well Bob, I can barely stand up as I’m getting pelted...
by Dr Lisa | Theory of Constraints Finance, Accounting, and Cash Flow
Cash to Cash Cycle Time The components of your cash-to-cash cycle time depends on your business but generally includes procurement, raw materials inventory, production, finished goods inventory, logistics, and your accounts receivable. To reduce cash-to-cash cycle...
by Dr Lisa | Theory of Constraints Finance, Accounting, and Cash Flow
I’m currently working on a book “Increasing Cash Velocity”. Goldratt doesn’t cover cash flow and it’s not even included under the topic of Throughput Accounting. It is however, one of the most important topics for business owners. 80% of...
by Dr Lisa | Maximizing Profitability Series, Theory of Constraints Finance, Accounting, and Cash Flow
This is the eighth conversation in our Maximizing Profitability the Theory of Constraints (TOC) Way series. To read number 7, go here: https://www.scienceofbusiness.com/maxprofit7/ Brad: “Theory of Constraints (TOC) is unique with its emphasis on Throughput, the...