Eliyahu M. Goldratt: Inventory

Eliyahu M. Goldratt was Israeli physicist and management guru. Explore interesting quotes on inventory.
Eliyahu M. Goldratt: 20   quotes 1   like

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

Source: The Haystack Syndrome (1990), p. 29; as cited by: Gerald P. Marquis (2011, p. 10)

“[Inventory is measured by] the money the system invests in purchasing things the system intends to sell.”

Source: The Haystack Syndrome (1990), p. 23; as cited by: Gerald P. Marquis (2011, p. 10)