About this Presentation
Find out how the principles of the Theory of Constraints have driven a rapid business transformation for one of our clients. Goldratt UK have worked with our client to build a solid platform for planning and managing flow through Production. This enabled their team to maximise output in other areas.
What Will You Learn
To help you get the most value from this session, we’ve highlighted a few key points. These takeaways capture the main ideas and practical insights from the presentation, making it easier for you to review, reflect, and apply what you’ve learned.
The businesses discussed in the case studies faced common challenges such as high stock levels, stockouts, obsolescence, long production lead times, high costs, and low profitability.
The speaker outlines a strategy to increase profitability, which involves improving production and stock management, reducing lead times, advising customers on what to order, and increasing prices.
The implementation of this strategy resulted in increased sales and profitability for the businesses. In some cases, sales increased by up to 50% and profitability increased tenfold within a year.
Instructor(s)
Andy Watt
Andy Watt: Transformational Leader with 35+ Years of Expertise Industry Expertise: Production, Distribution, MRO, Supply Chain, Project Management. Track Record: 15 years in senior roles within the defence industry; over 30 years implementing Theory of Constraints (TOC) and Critical Chain Project Management (CCPM). Career Highlights: Joined The Goldratt Institute in 2000, delivering TOC training, coaching, and consulting. Worked directly with Dr. Eli Goldratt, applying TOC principles to solve critical business challenges. Took over Goldratt UK in 2007 to extend TOC consultancy across the UK. Led the team at Goldratt UK in the implementation of TOC and CCPM across hundreds of organisations worldwide.