About this Presentation
Large companies have many work flows that go through different elements (departments, functions, etc.) of the company. The different elements of the company depend upon each other. Traditional management tries to 'divide and conquer' the management challenge by asking each element to perform to the best that it can. Local performance measures are often in conflict with each other. Large organizations need to encourage each element of the company to perform/ improve in a way that directly affects the global performance of the company. The TOC supply chain measures of Throughput-Dollar-Days (TDD) and Inventory-Dollar-Days (IDD) can be modified slightly to achieve both local and global effectiveness in large companies. Recording the time a work task is received, the value of the work and the due date makes it easy to calculate and plot TDD and IDD for any element of the company. These measures can be used to quickly evaluate where there are problems and allocate or realign resources for a much improved level of system performance.
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.
Instructor(s)
