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Production Management the TOC Way
Theory of Constraints Institute
Leverage the Theory of Constraints as featured in The Goal
Managing Production: Not so Easy Sometimes planning and production feels like a battle. The fire-fighting, the quick fixes, the expediting, the blame-games. At times it seem like constraints are hiding around every corner … common issues include:
• Long production lead-times • Poor on-time delivery performance • Bloated WIP and FG inventory levels • Finger-pointing and chronic conflicts • Frequent out-of-stocks
These chronic problems have NOT BEEN SOLVED even by hiring the best talent, exerting maximum effort, or investing in the latest technology. They are symptoms of deeper issues … related to management methods, measurements and systems.
The Theory of Constraints (TOC) is a suite of management tools introduced by Dr. Eliyahu Goldratt in his bestselling book "The Goal." TOC helps you identify bottlenecks in your organization and manage them, synchronizing all other activities to the constraint so that no plant capacity is wasted.
Production Management Seminar Participants learn state-of-the-art production management tools and techniques based upon Dr. Eliyahu Goldratt’s Theory of Constraints. The Seminar covers:
Introduction to the Theory of Constraints The Five Focusing Steps How to Identify the Constraint Production & Operations Management
o Drum-Buffer-Rope o Buffer Management Techniques
Implementing TOC in Isolation? Case Studies – India & Abroad
Group discounts are available for 3+ participants (INR 10,000 each) or for 5+ participants (INR 8,000 each). Fees are payable in advance by check/bank transfer.
About the Speaker Joseph A. Hopper is an consultant at Goldratt India. He specializes in management review systems, operations planning and TOC implementation.
He is a former Director -‐ ASA at the Indian School of Business, Hyderabad, where he founded the Experiential Learning Program (ELP) and managed the Wharton Global Consulting Practicum. During this time he oversaw over one hundred engagements for a wide variety of clients such as HP India, Bombardier, Sony, Citibank, Goodyear, Maersk, SAP, SEBI, Microsoft, Mattel, ITC, Amazon.com, Google, ICICI Ventures and GE.
Joseph graduated on the Dean’s list from the ISB PGP (M.B.A. Finance) and earned his Bachelor’s from King College (USA). He began his career in equity research at United Management Company, LLC (USA) as one of four analysts monitoring assets of over USD $1 billion.
Date: Oct. 20 2012 (Saturday)
Participants: Plant Heads, GMs, etc.
Location: Nehru Place, Delhi Hotel Eros Hilton
Investment: INR 12,000
Register: [email protected] 98103 14904