by Dr Lisa | POOGI Series, theory of constraints Marketing
You will possess a sustainable competitive advantage when you have value-creating products, processes, and services for your customers that cannot be duplicated or imitated by your competitors. Having a competitive advantage, even a sustainable one, does not...
by Dr Lisa | POOGI Series, theory of constraints Marketing
What are the problems associated with marketing and sales? The problems associated with marketing and sales are many, varying, and widespread. A few of the typical responses to marketing and sales problems include: To prospects, what you say sounds the same as your...
by Dr Lisa | POOGI Series, Theory of Constraints Finance, Accounting, and Cash Flow, Theory of Constraints in Operations
Up to this point, we have discussed how Drum-Buffer-Rope scheduling has the potential to double your capacity with little or no investment or expense. And Throughput Accounting has provided you visibility on the rate at which you make money. Both of these...
by Dr Lisa | POOGI Series, Theory of Constraints Finance, Accounting, and Cash Flow
We are continuing our series based on The Goal by Eliyahu M Goldratt. Let’s apply this to your business. In order to do so, you’ll need to make some calculations. First, write down your annual sales. Second, subtract the Truly Variable Costs (these include raw...
by Dr Lisa | POOGI Series, Theory of Constraints Finance, Accounting, and Cash Flow
We have discussed some of the problems with Cost Accounting, yet only touched on the alternative, “Throughput Accounting”. We promised to explore Throughput Accounting in more depth, and explain how implementing its concepts will help you understand the rate at which...
