{ "item_title" : "Throughput Accounting for Modern Operations", "item_author" : [" Alice Schwartz", "Hayden Van Der Post "], "item_description" : "Reactive PublishingBreak free from the distortions of traditional cost accounting and unlock the true productive capacity of your organization.In the modern manufacturing and operations landscape, traditional efficiency metrics often drive the wrong behaviors. Standard cost accounting rewards excess inventory, masks operational bottlenecks, and distorts the true financial impact of day-to-day decisions. To achieve genuine operational excellence, finance and operations must speak the same language.Throughput Accounting for Modern Operations bridges this critical gap. Drawing directly on the principles of Eliyahu M. Goldratt's Theory of Constraints (TOC), this book provides a clear, systems-level framework for aligning financial metrics with real-world production capacity. By focusing exclusively on maximizing Throughput ($T$), minimizing Investment/Inventory ($I$), and controlling Operating Expense ($OE$), you will learn how to make localized decisions that reliably increase net profit and cash flow.Inside this definitive resource, you will discover: The Fatal Flaws of Standard Costing: Why traditional variance analysis and labor efficiency metrics actively encourage overproduction and hide system bottlenecks.The TOC Financial Triad: A deep dive into the practical mechanics of Throughput ($T$), Investment ($I$), and Operating Expense ($OE$).Bottleneck-Driven Decision Making: How to evaluate product mix, capital investments, and pricing strategies based on the rate of throughput per constraint unit.Operationalizing Finance: Concrete strategies for converting traditional variance reports into actionable, TOC-compliant operational dashboards.Continuous Improvement (POOGI): How to use throughput financial metrics to guide your process of ongoing improvement and accurately measure the ROI of lean initiatives.Whether you are a financial controller seeking a more accurate way to reflect operational reality, a plant manager frustrated by corporate accounting metrics, or a systems architect designing modern operations infrastructure, this book delivers the mathematical logic and practical tools required to drive real bottom-line performance.Stop optimizing local variations. Start maximizing systemic throughput.", "item_img_path" : "https://covers1.booksamillion.com/covers/bam/9/79/818/733/9798187333080_b.jpg", "price_data" : { "retail_price" : "39.99", "online_price" : "39.99", "our_price" : "39.99", "club_price" : "39.99", "savings_pct" : "0", "savings_amt" : "0.00", "club_savings_pct" : "0", "club_savings_amt" : "0.00", "discount_pct" : "10", "store_price" : "" } }

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