Abstract
Inside organisatons we always fInd constraints which the cash generaton process a long and tortuous path. Our aim in this artcle is to offer a theoretcal review of these constraints, from the process of transformation through to value added. This review takes a different point of view from classical management, focusing on small and medium-sized already established manufacturing organisatons. Finally, the artcile mentions guidelines, with regards to cash generation, which propose continuous improvement: retrospectve analysis and identifying the critical process; Defining key parameters and strategic pilotng; Identifying the main element which limits cash generaton within the critcal process; Defining an acton plan to reduce, control or eliminate the constraints on genera-ton; Establishing the previous steps as a contnuous cycle.
Translated title of the contribution | Identifying the constraints on cash generation: Basis of a methodology for continuous improvement |
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Original language | English |
Journal | Arbor |
Volume | 189 |
Issue number | 760 |
DOIs | |
State | Published - 2013 |
Externally published | Yes |
Keywords
- Cash generaton constraints
- Constraints
- Contnuing improvement
- Uncertainty
- Variability