by Dr Lisa | Theory of Constraints Finance, Accounting, and Cash Flow, Theory of Constraints Sales
Last time (on Friday) we talked about offering a discount to our customers if they paid on delivery. What kind of discount could you offer to get cash back into your system faster so that you could make more money? Before you answer that question, also consider that...
by Dr Lisa | Theory of Constraints Finance, Accounting, and Cash Flow, Theory of Constraints in Operations
Reduce Material On-Hand to Reduce Cash-to-Cash Cycle Time To reduce the number of days we have material on hand, be can implement Goldratt’s Theory of Constraints Demand Pull[1] solution. We know from Demand Pull that historically we compensated for not having a...
