24 - Managing Day to Day Operations

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McGraw Hill Professional, Apr 9, 2010 - Business & Economics - 1216 pages
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The definitive guide to the theory of constraints

In this authoritative volume, the world's top Theory of Constraints (TOC) experts reveal how to implement the ground-breaking management and improvement methodology developed by Dr. Eliyahu M. Goldratt. Theory of Constraints Handbook offers an in-depth examination of this revolutionary concept of bringing about global organization performance improvement by focusing on a few leverage points of the system. Clear explanations supplemented by examples and case studies define how the theory works, why it works, what issues are resolved, and what benefits accrue, and demonstrate how TOC can be applied to different industries and situations.

Theory of Constraints Handbook covers:

  • Critical Chain Project Management for realizing major improvements in delivering projects on time, to specification, and within budget
  • Drum-Buffer-Rope (DBR), Buffer Management, and distribution for maximizing throughput and minimizing flow time
  • Performance measures for applying Throughput Accounting to improve organizational performance
  • Strategy, marketing, and sales techniques designed to increase sales closing rates and Throughput
  • Thinking Processes for simple and complex environments
  • TOC methods to ensure that services actions support escalating demand for services while retaining financial viability
  • Integrating the TOC Thinking Processes, the Strategy and Tactic Tree, TOC measurements, the Five Focusing Steps of TOC, and Six Sigma as a system of tools for sustainable improvement

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IntroductionPurpose of the Chapter
Solving Daily Problems
From a Problem to the Solution Implementation

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About the author (2010)

Oded Cohen is one of the world’s well-known names in Theory of Constrains (TOC). He has 30 years of experience in developing, teaching, and implementing TOC methodology, solutions, and implementation processes working directly with Dr. Goldratt all over the world. Among the countries to which Oded brings his expertise are the United States, Canada, Japan, India, China, the UK, Poland, Russia, Ukraine, Columbia, Chile, Peru, and many others. Oded is an Industrial Engineer with an MSc in Operations Research from the Israeli Institute of Technology in Haifa, Israel. He was one of the developers of Optimized Production Technology (OPTŪ—a registered trademark of Scheduling Technologies Group Limited, Hounslow, UK)—the logistical software for production scheduling, the TOC Thinking Processes, and the TOC management skills. Oded has brought his expertise to educating a whole generation of TOC practitioners and implementers. He is known for his passion for working with people who love TOC. Since 2001, Oded has been a part of the Goldratt Group as the International Director for Goldratt Schools—the organization that is committed to ensuring that the TOC knowledge is readily available for everyone who wants to learn TOC from a teacher. Goldratt Schools plays a major role in developing and supporting TOC Application Experts and TOC Consultants who are given the knowledge and the practical know-how for implementing TOC solutions. Oded coauthored the book "Deming & Goldratt: The Theory of Constraints and the System of Profound Knowledge—The Decalogue," and is the author of the recently published book "Ever Improve—A Guide to Managing Production the TOC Way."

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