Every small manufacturer I talk to these days is wary about optimising cash flow.
One way to do that is to optimise throughput: close the gap between an order coming in and getting paid as much as possible.
To do that, you need to be able to answer three questions:
- What's late?
- What's next?
- Where's the bottleneck?
If answering any of those takes more than 10 minutes, you have a visibility problem. And a visibility problem may quietly turn into a cash flow problem.
#cash flow
#throughput
#visibility