by Dr Lisa | POOGI Series
“Cost Accounting: Public Enemy #1 of Productivity” Way back in 1983, prior to writing his popular business novel “The Goal”, Dr. Eliyahu M Goldratt gave a speech by this controversial and confrontational title at a conference of Management Accountants. However, it was...
by Dr Lisa | POOGI Series
Normally, Lean and Six Sigma tools provide additional benefits very quickly. For example, it is common that the constraint resource could benefit from set-up reduction. Focusing Lean tools—which cost little to implement—results in additional capacity where it is...
by Dr Lisa | POOGI Series, Theory of Constraints in Operations
Once the lower level of WIP is achieved (using Theory of Constraints) which takes about two weeks, as a job is processed through milling, this triggers the release of another job to the floor to begin processing. What is the effect? Do you realize that the amount of...
by Dr Lisa | POOGI Series, Theory of Constraints in Operations
Of course, doubling available capacity must mean that we aren’t managing our current capacity as well as we would like, despite our best efforts to do so. Is this a reasonable possibility? Let’s check some “facts”: Does your mix vary widely from week-to-week, as is...
by Dr Lisa | POOGI Series, Theory of Constraints in Operations
Up to this point, we provided an overview of Goldratt’s TOC (Theory of Constraints), the business improvement process methodology described in the popular business novel The Goal. Perhaps you’ve had the opportunity to take our recommendation from last month and...
