REPLAY: The TOC Challenge
A webinar by Eli Schragenheim
Available Wednesday September 20th through September 27, 2017
A worthy TOC challenge is to get to know an organization and quickly find a way to significantly improve its performance in a safe way.
This webinar will use the MICSS simulator, to address the challenges of a virtual small manufacturing organization that is losing money. Eli will explain the current state of the organization and will also take it upon himself to improve the production policies, bringing them in line with Simplified-DBR. So, the key issue is NOT how to improve operations.
The true challenge is:
How to attract more customers without disrupting the commitment to fast and reliable delivery?
The risk is that if too much demand shows up then even using the best Flow methods of TOC might not be enough.
Questions to be raised during the webinar:
What information would indicate early enough that too much demand is coming?
When too much demand is coming – what to do?
During the simulation run, from one month to another, some of the very basic managerial dilemmas will emerge such as sometimes simply going day by day looking for meaningful information about what’s going on and how it could impact the financial performance, wondering whether to change something or keep the current policies going.
The experience shown in the virtual company will demonstrate how it is possible to live under significant uncertainty and still feel secure while significantly improving the bottom line.