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Demand driven performance using smart metrics

Title
Demand driven performance [electronic resource] : using smart metrics / Debra Smith, Chad Smith.
ISBN
9780071796095
Published
New York : McGraw-Hill, [2014]
Physical Description
1 online resource (xxiv, 312 p.) : ill.
Local Notes
Access is available to the Yale community.
Notes
Print version c2014.
Description based on cover image and table of contents, viewed on February 20, 2014.
Access and use
Access restricted by licensing agreement.
Summary
"Learn how to implement demand driven metrics for vast improvement in measuring performance. Demand driven performance details why the outdated forms of measurement are inappropriate for current circumstances and reveals an elegant set of global and local metrics to fit today's demand driven world. The book shows how to minimize the organizational and supply chain conflicts that impede flow, and eventually, corporate success. Metrics are used to create a benchmark for measuring improvement and to identify and focus on those improvements that are most needed, and that have the highest ROI. However, the world has fundamentally changed in terms of delivering value and driving strong financial performance and growth. The continued use of outdated metrics is driving companies in the wrong direction giving them false signals, putting their personnel into conflict at all levels of the organization, and also wreaking havoc in the supply chain. This book offers solutions to remedy these issues. Defines a new demand driven approach for measuring total organizational performance and the corresponding local metrics that integrate with those measures Advocates a systems approach to measuring improvement, and shows how conventional metrics are no longer appropriate Focuses on reliability, stability, speed/velocity, strategic contribution, local operating expense, and local improvement waste A case study demonstrates the processes in the book and provides you with the technology and tools needed to achieve a demand driven system"-- Provided by publisher.
"What if the objective of minimizing unit product cost is simply based on "bad math" - an inappropriate use of an equation that both economics and physics reject?"-- Provided by publisher.
Variant and related titles
McGraw-Hill's AccessEngineering.
Other formats
Also issued in print.
Format
Books / Online
Language
English
Added to Catalog
August 30, 2019
Partial contents
Introduction: deep truth
The need to get smarter
Install thoughtware in the organization
Becoming demand driven
Introducing smarter metrics
How do we know what's true?
Efficiency, flow, and the right measures
Our current accounting measuring mess
The evolution of flow and roi as strategy
A case study: the boeing dreamliner
Complexity science and supply chains
Smart metrics
Summary
Appendix A: More on the strategic replenishment buffers of demand driven MRP (DDMRP).
Genre/Form
Electronic books.
Computer network resources.
Also listed under
Citation

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