Weekly Versus Monthly Pubs --Dickeson

Other Industries Get It

What are we saying? Are we suddenly realizing that rate of Throughput—WIP turnover—is far more significant to earnings than Budgeted Hour Rate hocus-pocus? That's what Laidlaw, Deming, Ohno and Goldratt have been shouting these past 15 to 20 years. We just didn't get it. Other businesses in other industries got it, but in printing we've had tunnel vision. We've been staring at the wrong numbers! We must look at Throughput of Value Added per process hour—by job, by product, by materials and whatever.