About this Presentation
Many organizations invested a lot of time, effort, and money to implement an ERP system. Many of these implementations didn't deliver expected results in terms of inventory or lead time reduction or operating cost decrease. The TOC replenishment process historically delivered working capital decrease, availability increase, and often associated revenue enhancements. Changing an ERP system's inventory management methodology to a TOC Replenishment one allows an organization to leverage an existing IT infrastructure and achieve required operational improvements. All of it can be done within a couple of months, without a new system implementation, extensive personnel training, or new CAPEX expenditures. Please attend our session and learn this new TOC innovation process.
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.
The speaker discusses the journey of their business over the past few years, focusing on the integration of technology and the Theory of Constraints (TOC) to improve efficiency and profitability.
The speaker discusses a case study of a client who successfully outsourced TOC technology and know-how to improve their business.
The speaker introduces Roadrunner RX, a demand-driven replenishment approach that replaces the need for forecasting with a buffer wall of inventory.
Instructor(s)
Duncan Patrick
Duncan Patrick is Executive Vice President of Montera Inc. Montera specializes in software and consulting that helps clients solve problems in Operations and the Supply Chain. Duncan’s business consulting career is focused on working with clients to assist them solve problems in operations and the supply chain related to lead times, the forecast, inventory, capacity, on time delivery, product development speed and market focus. Duncan holds an MBA degree from the Richard Ivey School of Business, Western University and a Bachelor of Commerce degree from The University of Calgary. Duncan is certified by the Theory of Constraints International Certification Organization in all aspects of TOC. In addition, Duncan is a Certified Management Consultant.