@PMarris I’m very honored that @PMarris tweeted my #ThroughputAccounting book. Over the years he and his team of #TOC experts have taught me a lot. Anyone interested in his work can see his excellent YouTube channel https://t.co/ePz1NerGEG
Throughput is not just a figure. It is a rate that is determined by the system’s constraint. There’s a huge difference between the figure and the rate in Throughput Accounting. The rate is the speed of performance. #TA4U#ThroughputAccounting#TOCOT#TPACC
@PMarris I’m totally elated by your reference of my book @PMarris. Especially comming from a TOC connoisseur with your wide expertise. Merci beaucoup 🙏.
It’s strange how in 2020 people are still trying to improve local parts of a system without looking for the system constraint. #ThroughputAccounting#TOCOT#TA4U#TPACC
While the world is more and more chaotic, the Theory Of Constraints is becoming more and more pertinent. Successfully maximize the profit mix with my book available here https://t.co/aQRO8ZdIQB #ThroughputAccounting#TOCOT
@gordondunbar3 @gordondunbar3 Yes, but it depends on how you use the indicator. It's useful when comparing potential strategies in stable markets, or analyzing past performance. It's dangerous when prioritizing products in volatile markets. Email me if necessary as I'm not always on Twt.
Excellent Throughput Accounting article by Dr Kelvyn Youngman: @"The Unrecognised Positive Impact of Operations Upon Finance" https://t.co/PKYpbwmCiq on @LinkedIn#TOCOT#ThroughputAccounting#TPACC#TA4U
I see it time and again: Absorption Costing causes systems to produce more inventory than the market demands, which results in more unrealized/accrued profit, but less realized profit and cash. #ThroughputAccounting#TOCOT#TPACC#TA4U
@edorsey Love this thread! John Maynard Keynes said “It is better to be roughly right than precisely wrong.” Check out @tendon book above and also my book here: https://t.co/lHTK7i2rwF
From a management accounting planning, decision making, and execution perspective, Cost Accounting is built on the illusion of infinite capacity, whereas Throughput Accounting is built on the reality of finite capacity. #TOCOT#ThroughputAccounting