About this Presentation
This facilitated session is directed by Henning de Preez. Henning introduced the basic concepts of dynamic buffer management (DBM) with others contributing. Henning discussed an easy life and India’s invasion of Africa. His background is in mining and in Africa you need to move from training to implementation immediately. Several questions were posed related to DBM: For what purpose do we need DBM? How does DBM work (solutions as described in the Distribution Insights)? What are the conditions under which the generic DBM solutions will work (and will not work)? What is the conflict(s) for those conditions where DBM will not work? What is the direction of the solution for the conflict? Eli Schragenheim joined the presentation to explain the details related to DBM and capacity available.
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.
Dynamic Buffer Management is a critical tool for managing inventory levels and ensuring a steady supply of products, especially when dealing with a large number of SKUs.
DBM works best in environments with stable and predictable demand, but can struggle in situations where demand is sporadic or 'clumpy', or where there are significant seasonal fluctuations.
Adjusting buffers by a significant amount can lead to a vicious cycle of overloading production capacity and causing delays, especially if there is a bottleneck in the production system.
Instructor(s)
Henning du Preez
Eli Schragenheim
Eli Schragenheim is a well-known international management educator, author and consultant active in various fields of management. He worked with a huge variety of organizations all over the world, including public-sector organizations, industrial, high-tech and start-ups.
Since he had joined Dr. Eliyahu M. Goldratt, the famous creator of the Theory of Constraints (TOC) in 1985, Eli Schragenheim had taught, spoke at conferences, and consulted all over the globe.
Eli Schragenheim is the author of several books on various aspects of management. His last book, Throughput Economics – Making Good Management Decisions, together with Henry Camp and Rocco Surace, was published in July 2019.
Eli Schragenheim first book Management Dilemmas (1998) showed a variety of problematic situations in management and the rigorous analysis leading to the right solution. Next he collaborated with William H. Dettmer in writing Manufacturing at Warp Speed. In this book the new concept of Simplified-DBR, now a key concept in production planning according to TOC, was introduced. He collaborated with Carol A. Ptak on ERP, Tools, Techniques, and Applications for Integrating the Supply Chain, and with Dr. Goldratt and Carol Ptak on Necessary but Not Sufficient. In 2009 his book Supply Chain Management at Warp Speed, with William H. Dettmer and Wayne Patterson was published. In March 2015, Eli has opened a blog, now containing more than 140 articles on various topics in TOC that everybody can access.