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This video explains the source of the long tail distribution that results from a growing number of SKUs (Stock Keeping Units) and customers required to increase sales in a consumer goods environment. The business potential of dealing with such tails ...
The biggest revolution of TOC is not on operations and not on strategy but on teaching people to rely on the fact that they are brave and have the ability to invent, but they lack only the discipline. Dr. Eliyahu M. Goldratt explains the key for gett ...
TOC, Theory of Constraints, is very clear on guidance with respect to WIP: Excess WIP is bad. Little’s Law demonstrates the correlation between the amount of WIP and the lead time to produce a product or a deliverable. WIP should not exceed the cap ...
This video presents the solution to quickly reduce the number of open projects to be more inline with better flow and throughput. This is an excerpt from the Goldratt's Strategy and Tactics program for Project Management. ...
How to help the distribution link to drastically improve its performance. Every company is a link in a supply chain, and as long as the end consumer has not bought, nobody has sold. The biggest clot in the supply chain – the majority of the invento ...
How Theory of Constraints could help to quantify the extent, consequences and causes of the problem… and helped to find a solution to shortages and surpluses within book publishing.