TOC Insights into Finance and Measurements

Dr. Eliyahu M. Goldratt and Rami Goldratt


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Info

Level of TOC knowledge acquired:

Intermediate

Designed for:

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

Topics:

Finance and Measurements

Application:

Five Focusing Steps, Market Segmentation and Pricing and Throughput Accounting

Language:

Chinese simplified, English and Spanish

Format:

Web and IOS devices

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Reality and research have shown that cost-accounting based decisions and using local measurements can be devastating to the performance on the shop floor, marketing, sales, engineering, purchasing and even distribution. Finance, as a key function in any organization, must be able to answer critical questions: What is the company\'s performance? Do we invest in equipment and machinery? Should we make or buy? should we use profit centers or cost centers? what is the profit of a product/service?

In this session Dr. Goldratt will show how financial decisions should be based on the system as a whole and not according to their local impact. A clear but simple set of metrics can bridge the gap between the bottom line and the local actions to deliver the best results.

Your will learn the Theory of Constraints (TOC) concepts of Throughput, Inventory/Investment, Operating Expense, their corresponding derivatives and how to use Throughput Accounting for decision making.

 

Key Points:

  • Demonstrate how cost accounting's flaws lead to bad decision making, and how Throughput Accounting can be applied for judging the system as a whole, profit centers, investment on equipment, make/buy alternatives, and product/service profit.
  • 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.)
  • Learn at your own speed and easily review any of the material, as you need!
  • An interactive type presentation for self-learning as well as group training, they provide the know-how of “what to change?” and “what to change to?” to focus on simple indicators to identify, measure and decide what brings and organization closer to

 

Goldratt Satellite Program

Access keys

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

System Requirements

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

Notes to access:

  • 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 during the license period (permanent or subscription).

Notes to versions prior to 2021:

  • Since Adobe no longer supports Flash Player after December 31, 2020 and blocked Flash content from running in Flash Player beginning 2021,the downloadable and client-server versions of the TOC Insights have been discontinued and ar no longer supported.
  • Users that purchased permanent access to the TOC Insights prior to 2021 will continue to have access to the TOC Insights on the TOC Insights web application only.

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

Terms and conditions of the TOC Insights Web Access License:

    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.

Annual Access

Permanent Access

Apple iOS

Organizational Access

Type of License

Single user

Single user

Single user

Multiple users

Format

Web Application

Web Application

Download
(iOS App Store)

Web Application

Price

US$49.00

US$99.00

Contact us

Select the access type that most fits your needs:

Web Application - the web access version of the TOC Insights allows you access the content from any browser with an internet connection, for your personal use and for unlimited viewing during the license period (annual or permanent).

Apple iOS - download and view the TOC Insights on your iOS devices including the iPhone and iPad (install on up to 5 devices)

Organizational Access - allows multiple users within an Organization to access the TOC Insights. The TOC Insights are accessed through a dedicated special link on the server/intranet provided to the organization. Access is provided to a desired number of users under an access licence agreement.

If you are an Academic who is part of a formal educational institution, you are welcome to participate in our Academic Program which allows the Professor/University to teach students about the Theory of Constraints (TOC) using any of the following materials:

  • The Goal movie
  • TOC Insights
  • TOC Self Learning Programs/GSP Series
  • TOC.tv

Our Academic Program offers the Professor/University an opportunity to incorporate TOC Materials, such as the The Goal movie, TOC Insights, TOC Self Learning Programs, and GSP Series, into the course curriculum in order to provide a base of knowledge about the Theory of Constraints, and/or to include cases studies and video presentations from TOC.tv in order to show specific examples of how TOC has been implemented.

Interested parties will enter an Academic License Agreement which grants the non-exclusive, nontransferable rights to utilize the material in their course(s) provided that the Academic Licensee requires each student to purchase the material as part of the required course material. Students will pay a special Academic price which is significantly reduced from the list price and is as affordable as any other required text.

Participating Professors will receive his/her own copy of the TOC materials and is granted access to and use of such materials at no cost for as long as the Academic Program is active.

The benefits of participating in an Academic programs are huge. There is no monetary investment for the Professor/University. The Professor will have access to learning material which supports their course and expands their own personal knowledge of TOC. The students will be learning about TOC with materials that provide detailed knowledge and support and deepen their understanding.

In any case, if the above is not right for your Academic needs, there are Academic discounts available for any of the above materials.

Please CONTACT US for more information on the Academic programs and/or discounts.