About this Presentation
This presentation is organized as: Introduction, the beginning, what to change, pilot phase, full implementation, and a conclusion. We have been implementing Theory of Constraints based solutions since 2001; worked with Dr. Goldratt on a Viable Vision Project in South Africa (the “Many Opportunities”story in The Choice); implemented Critical Chain, Operations (DBR), Supply Chain Replenishment, Throughput Accounting, and Strategy and Tactics. Product development company: in 2005 born out of a prototyping dept. closure; started with a mech. & electronics engineer, machinist & 2 model makers; today ±30 people; and today full design, prototyping and short run manufacturing products company. Manufacturing shop results include vacuum casts parts from 17 to 33/day and leadtimes from 10 to 12 weeks to 4 to 6 weeks but there is room for Improvement as?some design projects still turn black….
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.
Theory of Constraints (TOC) can be effectively applied to improve company performance, especially in complex cases like product development and prototyping.
Creating a stable environment in a job shop can significantly improve productivity and profitability. This can be achieved by separating the production facility from the project's environment and focusing on flow rather than efficiency.
Software tools like SIFORMA can aid in project management and scheduling, making it easier to manage tasks and track progress.
Instructor(s)
