Looking at Throughput thru Capacity Mapping

When you think of mapping in Lean, your first thoughts are steered towards the tool of Value Stream Mapping. When I picked up the book, Strategic Lean Mapping, I had similar thoughts, another book on Value Stream Mapping.  As I thumbed through the pages I found a very different approach. One that included Big Picture Read More …

What’s the Advantage in Throughput Accounting?

I ask Charlene Spoede Budd, a Professor Emeritus from Baylor University, that question in a past podcast. Dr. Budd taught management accounting and project management classes for a number of years and has co-authored two accounting textbooks with her most recent book, A Practical Guide to Earned Value Project Management. Joe:  What makes throughput accounting Read More …

Predict Measures w Throughput Accounting

Dr. Charlene Spoede Budd was my guest on the Business901 Podcast and as you would expect our discussion was about the Theory of Constraints Through-put Accounting methods and the application of the knowledge that we gain from this information. We discussed the use of accounting throughout the organization for developing predictive measures versus reactive. This Read More …