A one day awareness program on Theory of Constraints (TOC)

INTRODUCTION

Would you be interested in an opportunity to increase your net profits multifold within a short period and secure a sustained competitive edge while motivating the employees and satisfying the customer needs fully?

In order realize the above opportunity it is imperative that your organization will need to embark on a dramatic transformation of business. We believe that the holistic approach of “Theory of Constraints” (TOC) would enable your organization to achieve this giant leap in performance.

What is Theory of Constraints (TOC)?

TOC is systematic management approach which focuses on improving a few physical and logical leverage (constraints) points of an organization in order to achieve an order of magnitude improvement in the performance of the system as a whole. This concept was developed by Dr Eliyahu M. Goldratt and introduced in his best seller - The Goal . Eli Goldratt has been described by Fortune as a “guru to industry” and by Business Week as a genius. He is an educator, author, scientist, philosopher, and business leader.

TOC aims at

  • Increasing Throughput (Sales)
  • Reducing Operating expense
  • Reducing Investment

TOC Paradigms

  • All complex systems are governed by inherent simplicity
  • A conflict does not exist in reality . They apparently exist because of erroneous belief
  • People are assets and behave the way they are measure

This Program will expose the audience on TOC ways of managing

  • Production / Operations
  • Projects
  • Distribution and Supply Chain
  • People

It will also expose audience on how to bring in synergy by bringing other appropriate techniques like LEAN Manufacturing, Total Productive Maintenance (TPM) and Six-Sigma.

PROGRAM AGENDA

S.NO. Topic Duration (Min.)
1 TOC Fundamentals 60
2 TOC for Production / Operations Management 60
3 TOC for Project Management 60
4 TOC for managing Supply Chain / Distribution 60
5 TOC – TQM – TPM – LEAN MANUFACTURING – SIX Sigma: A comparison 30
6 TOC Success Stories 60
7 The Goal – TOC Movie 60
8 Assessment Quiz (Concepts & methodology) 15
9 Discussions 30

TARGET AUDIENCE

  • Process & Discrete Manufacturing Companies, Academicians
  • Project Managers, Plant / Shop floor managers, Supply chain professionals