Learning the Basis of Throughput Accounting

Dr. Eliyahu M. Goldratt and Rami Goldratt


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Info

Level of TOC knowledge acquired:

Intermediate

Designed for:

Academics, Business owners, Consultants, Executives, Implementers, Leaders, Managers and Students

Topics:

Finance and Measurements

Application:

Throughput Accounting

Language:

English, Spanish, Portuguese and Czech

Format:

CD-Rom and Download

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Understanding the basis of Finance and Measurements the TOC way

Cost-accounting based measurements are devastating to the shop floor, marketing, sales and especially engineering. How to bridge the gap between the bottom line measurements (the P&L and the Balance Sheet) and the local measurements (efficiencies, pay-back period, product cost, etc.)?

The set includes:

  • TOC Self Learning Program (SLP) / GSP Session on Finance and Measurements
    • Dr. Eliyahu M. Goldratt covers the concept of Throughput Accounting and shows the impact of such concepts applied for judging the system as a whole, profit centers, investment on equipment, make/buy alternatives, and product/service profit.
  • TOC Insights into Finance and Measurements
    • Developed in an interactive type presentation for self-learning it complements the TOC-SLP on Finance and Measurements to deepen the knowledge and understanding into the concepts of Throughput, Inventory/Investment, Operating Expense as the means to focus on simple indicators to identify, measure and decide what brings and organization closer to its goal.
  • Downloadable Workbook

TOC SLP/GSP content

What is the problem?

  • What is the job of finance?
  • Example of disaster in make/buy
  • Example continued for investment in equipment
  • Judgment of the system as a whole
  • Judgment on investment in equipment
  • Judgment on make/buy/alternatives
  • Judgment on profit centers
  • Judgment on product/service profit using the P&Q Example
  • Defining T, I, OE
  • Defining Net Profit and Return on Investment
  • The Chain Analogy & Cost World vs. Throughput World
  • The Cloud of Managers<

What is the solution (what to change to)?

  • The Five Focusing Steps: Step 1 Identify the Constraint:
  • Step 2: Decide how to Exploit the constraint
  • Step 3: Subordinate
  • Step 4: Elevate
  • Step 5: Go back
  • Using the Five Steps to judge the product/service profit
  • The Ball is now in Marketing
  • Now how to judge investment in equipment
  • Judging make/buy alternatives
  • Judgment of the system as a whole
  • Judgment of profit centers

Summary

Q&A

TOC Insights Content

What to change (what is the problem)?

Part 1: Finance as the Score-Keeper

Part 2: The two plausible causes for the current dissatisfaction

Part 3: Artificial inventory profits

Part 4: Cost accounting public enemy #1 of productivity

Part 5 & 6: "Product cost" calculation so much work for nothing

Part 7: Throughput, investment and operating expenses

Part 8: Cost World vs. Throughput World

What to change to (what is the solution)?

Part 9 & 10: The Five Steps process

Part 11: The recommended way to judge product/service viability

Part 12: The recommended way to judge investment in equipment

Part 13: The recommended way to judge make/buy alternatives

Part 14: Inventory: An asset? Or liability? The simple solution.

How to cause the change?

Summary

Q&A

 

TOC-SLP Download/CD-ROM
TOC Insights Web Access

GSP Session Web Access
TOC Insights Web Access
(1 year access)

Company Access
GSP Session & TOC Insights

Type of License

Single user, Single viewer
(Windows)

Single user, Single viewer
(Windows, Mac, Android, iOS)

Multiple users, multiple viewers

Format

TOC Insights: Web Application
TOC Self Learning Program:
Download or CD-ROM

TOC Insights: Web Application
GSP Session:
Web Access or TOC Player

LMS (online access through intranet)

Language

English & Spanish

English & Spanish

English & Spanish

Price

US$ 249.00

US$ 129.00

Contact us

Notes:

  • TOC Insights are made available on the TOC Inisghts Web Application (English & Spanish only).
  • TOC Self Learning Program is available on CD-Rom (English, Spanish, Portuguese & Czech) or Download format (English & Spanish only). You will be able to install and view the sessions onto up to two computers (Windows) for your personal use and viewing for unlimited time.
  • The GSP Session is available in English, Spanish, Japanese, and Chinese.

Terms and conditions:

    BEFORE YOU ACCESS THE CONTENT, CAREFULLY READ THE TERMS AND CONDITIONS OF THIS AGREEMENT. BY ACCESSING THE CONTENT YOU (LICENSEE) ARE CONSENTING TO BE BOUND BY AND ARE BECOMING A PARTY TO THIS AGREEMENT. IF YOU DO NOT AGREE TO ALL OF THE TERMS OF THIS AGREEMENT, DO NOT ACCESS THE CONTENT OR USE THE APPLICATION.
    Goldratt Marketing hereby grants to Licensee a nonexclusive, nontransferable single user license to use the "TOC Insights" (Content) so long as Licensee complies with this Agreement. Access to Content by Licensee requires a valid Access Key. Each Access Key is for personal use. Access to Content is for one individual (single user license) only.
    GOLDRATT MARKETING MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF ANY CONTENT OR INFORMATION MADE ACCESSIBLE, FOR ANY PURPOSE. CONTENT IS PROVIDED 'AS IS' WITHOUT EXPRESS OR IMPLIED WARRANTIES, INCLUDING WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE OR NONINFRINGEMENT. GOLDRATT'S MARKETING LTD SHALL NOT BE LIABLE UNDER ANY THEORY OR ANY DAMAGES SUFFERED BY YOU OR ANY USER ACCESSING CONTENT. GOLDRATT'S MARKETING LTD IS NOT REQUIRED TO SUPPORT OR ISSUE UPDATES TO THIS CONTENT.
    Title to and ownership of the Content shall at all times reside with Eliyahu M. Goldratt. Copyright laws and international treaty provisions protect the Program and accompanying material provided to Licensee under this Agreement. Licensee acquires no rights or licenses with respect to the Content or related materials. Licensee commits not to duplicate or make copies of the Content and accompanying materials and will take any reasonable precautions to prevent others from duplicating. Notwithstanding the foregoing, Goldratt Marketing shall have the right to immediately terminate this Agreement for any breach of this agreement. Upon termination of this Agreement, Licensee shall immediately return to Goldratt Marketing at its own expense, any access information, application and materials related to Content in Licensee's possession or under its control.

Downloadable version of the TOC-SLP:

Within 48 hours after your order is placed, you will receive a confirmation email with details to Download and Install your TOC Self Learning Program. The TOC Insights are NOT downloadable and can be accessed on the TOC Insights Web Application ONLY.

Working Notebooks:

The working notebooks are available for users to aid their self learning process when using the TOC-SLP

Click here to download the working notebooks in PDF format (purchase of product and login required)

TOC-SLP Serial Numbers:

Installing your TOC-SLPs requires Serial Numbers provided when the product was purchased.

Click here to retrieve your serial numbers anytime (purchase of product and login required)

System Requirements for the TOC-SLP:

  • Microsoft Windows
  • 32 MB of RAM minimum
  • Internet connection
  • CD-ROM Drive (for the CD-Rom version only)

Uninstalling the TOC-SLP:

When formatting your hard drive, installing or upgrading the operating system, or exchanging the computer, ALWAYS make sure to UNINSTALL the TOC Self Learning Programs first, or else additional installation charges may apply.

TOC Insights Access keys

    You must have an ACCESS KEY to access each TOC Insights. Access Keys are asigned upon purchase of the product.

System Requirements for the TOC Insights>

  • Web Browser
  • 32 MB of RAM minimum
  • Internet connection

Notes to access the TOC Insights:

  • The TOC Insights are available on the TOC Insights WEB APP only.
  • An internet connection is required at all times.
  • Each TOC Insight requires the activation of an Access Key assigned to the user.
  • User may access the TOC Insights as many times as required.

For additional support please send an email to insights.support@toc-goldratt.com