Measurements for Effective Decision Making: A Guide for Manufacturing Companies

Mokshagundam L. Srikanth and Scott A. Robertson

Info

Level of TOC knowledge acquired:

Introductory

Length:

117 pages

Designed for:

Business owners, Consultants and Leaders

Topics:

Finance and Measurements

Application:

Throughput Accounting

Language:

English

Format:

Paperback

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The old measures don't measure up any more. New market realities are rewarding companies that develop a "balanced scorecard". These proactive competitors are creating new measures to link work behavior to the bottom line. Result: these companies now track - and improve - customer satisfaction and financial performance on a daily basis.

This book shows managers how to structure measures to focus on activities and results in terms of cause and effect. Measurements for Effective Decision Making: A Guide for Manufacturing Companies emphasizes factors critical for success, such as operational and financial performance, impact of constraints, capital investments, product cost and product mix issues, and more.

With these new "balanced scorecard" measures, you can know at any moment whether you're making money and competing effectively.

Topics

  • Old Measures Don't Serve New Market Realities
  • An Introduction to Synchronous Management
  • In Sync- A Balanced and Structured Set
  • Customer Focus Measures
  • Measures of Operational Performance
  • Constraint Measures
  • Activity-Outcome and Activity-Focusing Measures
  • Capital Investment Decisions
  • Product Cost and Product Mix Decisions
  • Key Implementation Issues

The old measures don't measure up any more. New market realities are rewarding companies that develop a "balanced scorecard." These proactive competitors are creating new measures to link work behavior to the bottom line. Result: these companies now track - and improve - customer satisfaction and financial performance on a daily basis.

This book shows managers how to structure measures to focus on activities and results in terms of cause and effect. Measurements for Effective Decision Making: A Guide for Manufacturing Companies emphasizes factors critical for success, such as operational and financial performance, impact of constraints, capital investments, product cost and product mix issues, and more. With these new "balanced scorecard" measures, you can know at any moment whether you're making money and competing effectively.