17
Jan
2010
Theory of Constraints Golden Nugget
#3 – Immunizing against competitors’ price reduction
(Inventory turns offer; Sales)
One of the reservations initially raised by our clients’ sales people, regarding the inventory turns offer, is that even though they (at last) see the benefits of that offer to their prospects (distributors and/or retailers – resellers), a competitor can still easily win by simply reducing prices.
Not only that there is a decisive answer for such a reservation, but its explanation deepens the sales force… Click here to continue reading.
| Watch Dr. Goldratt’s detailed presentation on defining the target market where capitalizing on the Inventory Turns concept can create a decisive competitive edge. The magnitude of the breakthrough of this solution is well described and explained in Goldratt’s TOC Golden Nugget #3. | ||||
|
||||
28
Dec
2009
Theory of Constraints Golden Nugget
#2 – The Stray Elephant
(MTA; Production)
When initially determining the proper buffer target, we need to determine the maximum consumption within replenishment time. That is done by looking back at the consumption during past time-intervals (intervals that are equal in length to replenishment time) and choosing amongst them the max value – or actually, the reasonable max. What does a “reasonable max” means? Well, statistically, the consumption behaves, roughly, as a normal (Gaussian) distribution… Click here to continue reading
| Watch Dr. Goldratt’s detailed presenation on determining inventory targets in a make to availability environment. This common sense solution is then complemented with a specific secenario, described and explained in Goldratt’s TOC Golden Nugget #2. | ||||
|
||||
16
Dec
2009
Theory of Constraints Golden Nugget
#1 – The Evergreen Elephant
Managing production priorities in an Make to Availability environment is simple when using the Theory of Constraints buffer management solution. Yet, for specific environments, some considerations have to be taken into account as described and explained in the TOC Golden Nugget #1. Click here to access the first Goldratt’s TOC Golden Nugget.
|
||||
4
Dec
2009
TOC Golden Nuggets
The release of the Theory of Constraints Golden Nuggets is a significant addition to the TOC body of knowlege.
|
||||
