Time Buffers, Stock Buffers and Buffer Management –
The Key Insights and Their Universal Use
A FREE Basic -TOC Webinar by Eli Schragenheim
People use buffers as part of their normal life dealing with uncertainty. So, how come buffers are so central to the Theory of Constraints (TOC), which always looks for unconventional, yet common-sense, solutions? Well, TOC uses buffers quite differently than the common use. Highlighting that difference and why it is not the common approach is going to be discussed in this basic TOC webinar, aimed mainly at new-comers to TOC, but more knowledgeable TOC people might be interested in the perspective of over 30 years. The two common TOC buffers, time-buffers and stock-buffers, are going to be presented.
Then another grand insight will be presented: buffer management, monitoring the actual state of the buffer in order to answer two critical questions:
- What should be the true priorities right now?
- Are the buffer sizes about right?
- A more generic question: Is our overall system stable? Can it sustain the pressure?
This is the second Basic -TOC webinar, after the one on the Five Focusing Steps, which can be watched for free on the TOCICO site. The Basic -TOC webinars are FREE for all.
Eli Schragenheim – Bio:
Eli Schragenheim is a well known international management educator and consultant active in various fields of management like corporate strategy, supply chain, project management, shop-floor control, IT and HR. He worked with huge variety of organizations all over the world, including public-sector organizations, industrial, high-tech and start-ups.
Since he has joined Dr. Eliyahu M. Goldratt, the famous creator of the Theory of Constraints (TOC) in 1985, Eli Schragenheim has taught, spoke at conferences and consulted all over the globe, including the US, Canada, Britain, Russia, Brazil, Colombia, Israel, Germany, Italy, Belgium, South Africa, Australia, India, China and Japan.
Eli Schragenheim is also known for his own software simulators and management games designed to experience the thinking and potential of the Theory of Constraints (TOC) in complex environments.
Eli Schragenheim was a partner in the A.Y. Goldratt Institute, after that he was a director in The Goldratt Schools. Now he is managing his international activity as the president of Elyakim Management Systems (1992) Ltd., a company registered in Israel. He is also a board member of TOCICO – the TOC International Certificate Organization, a non-profit organization that was created by Dr. Goldratt to spread the TOC knowledge in the world and unite the TOC experts to make TOC the main way to manage organizations.
He is the author of several books on various aspects of management. His first book Management Dilemmas (1998) showed a variety of problematic situations in management and the rigorous analysis leading to the right solution. Next he collaborated with William H. Dettmer in writing Manufacturing at Warp Speed. In this book the new concept of Simplified-DBR, now a key concept in production planning according to TOC, was introduced. He also collaborated with Carol A. Ptak on ERP, Tools, Techniques, and Applications for Integrating the Supply Chain, and with Dr. Goldratt and Carol Ptak on Necessary But Not Sufficient. In 2009 his book Supply Chain Management at Warp Speed, with William H. Dettmer and Wayne Patterson was published. The new book contains much of the new developments of TOC in operations in the last 10 years. He also contributed two chapters for the Theory of Constraints Handbook, edited by Cox and Schleier published in 2010 by McGraw-Hill.
Mr. Schragenheim holds an MBA from Tel-Aviv University and B.Sc in Mathematics and Physics from the Hebrew University in Jerusalem. In between his formal studies he was a TV director for almost 10 years.
Eli Schragenheim is a citizen of Israel.