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Production Management Theory of Constraints Approach
Source: www.thegoalinstitute.com
Topic: Production & Operations Management
Sort Desciption: G OAL G OAL I NSTITUTE I NC . a Goldratt Consulting Company 29027 Westwynd Drive Elkhart IN 46516 Ph: (574) 293-8500 www.thegoalinstitute.com Production Management Theory of Constraints Approach ...
Content Inside: GOAL GOAL INSTITUTE INC . a Goldratt Consulting Company 29027 Westwynd Drive Elkhart IN 46516 Ph: (574) 293-8500 www.thegoalinstitute.com Production Management Theory of Constraints Approach This two-day workshop provides the participants with an in-depth exploration of the application of TOC to the problems faced by manufacturing which typically can be described as the management of resources required to convert raw material into finished goods. Through the use of common sense logic open discussion and interactive computer simulations the participant: Analyzes the existing problems such as poor on time performance long lead times high inventories poor quality poor scheduling etc. of a typical production environment resulting in the identification of the core problem that has proven to cause the whole host of problems that characterize almost every production environment. Derives the five steps of Constraint Management in a manner similar to the process described in The Goal the thinking journey taken by Alex Rogo to turn his plant around. Thoroughly explores the innovative practical "Drum-Buffer-Rope" solution offered by TOC while drawing parallels as to how this solution can be applied within the participant's own production environment. Understands what is required if manufacturing organizations are to effectively implement a constraint management system that is focused on Throughput (T) Inventory / Investment (I) and Operating Expense (OE). They will be able to see the cause and effect relationships of their actions to the goal of the organization. Recognizes the need for a measurement system that motivates people to improve profitability and allows them to clearly see the fruits of their labor. Establishes the relationship between a process of on-going improvement and the need for change if organizations are to achieve profitability goals as well as meet the necessary conditions of employee satisfaction and customer service In add ...
production approach in management
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