Effective Decision Making
An introduction to the Theory of Constraints

 The Decision Making Course is designed to present executives, and their teams, with the concepts involved for developing strategies for operating their particular business. How using the logical TOC Thinking Processes can help them determine what to change, what to change to, and how to make the change happen in the Supply Chain and specifically in the three following areas.
 
Manufacturing. Review the history of manufacturing, from Henry Ford's mass production to Toyota's Lean production system and eventual progress to today's TOC strategies.

• Deming and the TQM revolution.
        
• Lean Manufacturing.
 
• The Goal.

• Theory of Constraints.

Metrics. Concepts include understanding the differences between standard cost world thinking and throughput world thinking.

• Business financials and our dependence upon them

• How these financial tools frequently distort our efforts to do what we intuitively know is the right way to manage    our business

• How we sometimes compromise our business because we perform according to how we are measured

• Why the gains we make in isolated areas of the business frequently do not translate into bottom-line    profitability improvement

• There are measurements that do make sense. Discussions will center on the control point or constraint, and    how measures must be focused. 

Production Management Participants will be introduced to TOC management approaches and learn:

• How products move through the production process and encounter constraints and temporary bottlenecks

• How to implement and manage a Drum Buffer Rope (DBR) production system and the advantages of DBR 

 

The course work (Discussion/Lecture) usually take 7 hours to complete. The end result will help the executive and teams better understand and develop an effective operating strategy for their company.