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TOC Implementation Results

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Theory of Constraints (TOC) is a management philosophy that treats a corporation as an interlinked, interdependent system rather than just a collection of independent processes or functions. Dr. Eli Goldratt, the creator of TOC, observed that just as the strength of a chain is governed by its weakest link, the overall performance of any company is governed by its constraint. If you can find a way to manage the constraint you can dramatically increase sales, cash and profit without any significant investment.

Learning Objectives

  • Introduction to TOC
  • TOC Metrics: Throughput, Investment, Operating Expenses
  • Concept of Constraint
  • Process Of On Going Improvement (POOGI)
  • Cash Constraint Simulation
  • TOC Applications
  • Learnings from Case Studies

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