About this Presentation
Businesses leaning out their processes are faced with concepts that appear to be mutually exclusive or even conflicting. Common perspectives are do lean, OR do six sigma…lean OR TOC…and I can’t do lean AND ERP! This session explores strategic and tactical relationships of lean manufacturing, six sigma, theory of constraints and ERP. Included is a discussion on the impacts of an absorption costing policy on lean manufacturing results.
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.
Lean, TOC, Six Sigma, and ERP are different strategic perspectives and tactical tools that can be used in a unified manner to drive continuous process improvement.
Companies should focus on driving out waste completely, not just moving it around. Once they hit their baseline business plan, any further improvements will liberate capacity.
Companies should be aware of their 'event horizon', the point at which they start liberating baseline capacity. They should make informed decisions about whether to use or not use the capacity they generate.
Instructor(s)
