There are three measurements which express the goal of maki… - Eliyahu M. Goldratt

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There are three measurements which express the goal of making money perfectly well, but which also permit you to develop operational rules for running your plant. Their names are throughput, inventory and operational expense.

Eliyahu M. Goldratt

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About Eliyahu M. Goldratt

Eliyahu Moshe Goldratt (March 31, 1947 – June 11, 2011) was an Israeli physicist who became a business management guru

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Also Known As

Native Name: אליהו גולדרט

Alternative Names: Eliyahu Goldratt • Eliyahu Moshe Goldratt

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Josh Kaufman Peter Drucker Eric Ries Jeffrey K. Liker Michael Gerber

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[Operating expense is defined as] all the money the system spends in turning inventory into throughput.

What is the real goal? Nobody here has even asked anything that basic.

Quality alone cannot be the goal. It’s important. But it’s not the goal.

There are three measurements which express the goal of making money perfectly well, but which also permit you to develop operational rules for runnin… - Eliyahu M. Goldratt

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