Maximizing Operational Effectiveness with the Theory of Contraints | Weatherhead

Maximizing Operational Effectiveness with the Theory of Contraints

Manufacturing firms today deal with increasingly complex and flexible production systems that change as dynamically as the markets they serve. In the face of changes in volumes and/or product mix, managers must quickly identify and implement system improvements that maximize system throughput and avoid inventory buildups and delay of critical orders. This one-day seminar will equip manufacturing managers to identify process constraints and manage them optimally through the Theory of Constraints. The resulting Drum-Buffer-Rope (DBR) method is proved to be the best way to manage physical processes by focusing attention on the critical steps of the process and simplifying system planning and operational decision making. The proposed solution is easy to implement and significantly simplifies the operations management task in any plant layout. The end result is superior financial performance. Through expert instruction and interactive exercises, managers across the manufacturing firm, from operations and purchasing to finance and accounting, will learn how to develop a solution that balances material flow by lowering inventory and maximizing return on capital investment.

Fee: Yes

Contact Information:
James Van Doren
Executive Education
Phone: 216-368-6413
Fax: 216-368-0200

Website Resources:
Maximizing Operational Effectiveness with the Theory of Contraints
Weatherhead Executive Seminars
Thursday, April 12, 2007 from 9 a.m. to 4:30 p.m.
Sponsored by: Weatherhead Executive Education

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