About this Presentation
This presentation describes Dixie Iron Works journey in theory of constraints (TOC). Founded in 1933 in Alice, Texas, the TOC journey started in 1992. Dixie Works was declined as a Viable Vision client. Dixie Iron Works is in the oil field business making high pressure plug valves (small valve $800) and high pressure well pumps ($250,000) with 158 employees never having a layoff. Facilities are also in Canada and one coming up in Mexico. In three weeks of implementation we got rid of all work-in-process shelves. Last year we had a 48% growth in revenue with a 141% growth in profit. Sales buy-in was instrumental in this significant growth. Prior to the last year or so we had only drum buffer rope (DBR) implemented and did not leverage it to the market.
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.
Dixie Iron Works has seen an average of 16% growth per year since implementing the Theory of Constraints (TOC).
The speaker believes that the real power of TOC is in integrating sales and marketing efforts.
Despite being turned down for a viable vision offer, the company has still seen significant success with TOC.
Instructor(s)
