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TOC Master Class with Ravi Gilani - 4 Modules
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LEARN FROM THE EXPERT. Join this workshop to learn about TOC and its applications from Ravi Gilani, the foremost TOC expert in India, renowned for his thought leadership and expertise in the Indian industry. Register now for the TOC Master Class with Ravi Gilani: Module 1: TOC Fundamentals - 23 July 2020 | Module 2: TOC Applications - 30 July 2020 | Module 3: TOC for Supply Chain Planning - 6 August 2020 | Module 4: Weekly Review Process and Product Mix Decisions - 13 August 2020.

 Export to Your Calendar 7/23/2020 to 8/13/2020
When: Each session will be conducted from 11:30 AM – 1:30 PM and 3:30 PM – 5:30 PM - Indian Standard Time
Where: Zoom Event
United States

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TOC Master Class with Ravi Gilani

Each session will be conducted from 11:30 AM – 1:30 PM and 3:30 PM – 5:30 PM - Indian Standard Time (IST: +530 hrs GMT) 


Click Here to download the PDF for more information on this event and event facilitators

Theory of Constraints (TOC)

Do you know of any company that reports infinite profits? Certainly none. This verifies that something exists that limits the profits of an organization. That something is a constraint on the performance of the organization. Just as the strength of a chain is dictated by its weakest link, the overall performance of any company is dictated by its constraint. If you can find a way to manage the constraint you can dramatically increase sales, cash, and profit without any significant investment.

TOC provides a simple and effective process for system improvement or five focusing steps, outlined below:

1. Identify the constraint
2. Decide how to Exploit the constraint
3. Subordinate to the constraint
4. Elevate the constraint
5. If the constraint has shifted, go back to Step 1. Do not allow inertia to become the constraint!

Goldratt India is a management consulting firm that collaborates with clients to increase their cash, profit and sales, by an order of magnitude that is conventionally considered unachievable.

LEARN FROM THE EXPERT
Join this workshop to learn about TOC and its applications from Ravi Gilani, the foremost TOC expert in India, renowned for his thought leadership and expertise in the Indian industry

Ravi Gilani, Founder & Managing Consultant, Goldratt India introduced TOC to Indian companies in 1998. He is the only Indian to receive the Lifetime Achievement Award from TOCICO for his contribution to the industry.

Methodology
These sessions will be interactive, the format will be a hands-on workshop with live examples from the participants, providing tangible take-aways and actions that teams can take going forward.

Presentation, templates, and support material (soft copies) will be provided to participants to ensure that they can use the learnings in their business going forward.

Duration
The training program will be conducted over 4 modules
Each module will be of 4 hours

Investment
INR 40,000 + 18% GST per participant for four modules

Who should attend
Promoters, Owners, CEOs/MDs, CFO's


Program Schedule


Module 1: TOC Fundamentals | 23 July 2020
Module 2: TOC Applications | 30 July 2020
Module 3: TOC for Supply Chain Planning | 6 August 2020
Module 4: Weekly Review Process and Product Mix Decisions | 13 August 2020

Each session will be conducted from 11:30 AM – 1:30 PM and 3:30 PM – 5:30 PM - Indian Standard Time (IST: +530 hrs GMT)

Investment (for 4 modules)
Participants from India: INR 40,000 + 18% GST per participant
Participants outside India: 500 Euros per participant

Special Pricing TOCICO members (for 4 modules)
Participants from India: INR 32,000 + 18% GST per participant
Participants outside India: 400 Euros per participant

Registration of participants will be confirmed upon receipt of payment.

Please send nominations to toc.training@timencash.com or call on +91 96320 18261 for more details


Agenda and Key Takeaways


 
Module 1: TOC Fundamentals
• Goal of the company
• Role of each member of a team
• Alignment on the goal of the company and its metrics
• Financial measurements for the goal – Profit, Return on Investment, Free Cash Flow
• TOC metrics – Throughput, Investment and Operating Expenses (T,I,OE)
• Importance of Free Cash Flow
 
Key Takeaways
• Clarity on the goal
• How do we know we’re improving – what metrics to measure
• Actions to improve free cash flow in the next 7 days
 
Module 2: TOC Applications
• Five Focusing Steps
• Constraint Identification
• Examples from case studies
• Discussion on the current constraints and priorities, tangible actions to be taken
 
Key Takeaways
• Difference between constraints and obstacles
• Where is your constraint – the limiting factor that prevents you from achieving more of your goal units?
• Constraint as a leverage point – what actions can you take to exploit and subordinate to the constraint
 
Module 3: TOC for Supply Chain Planning
• TOC Application for Inventory Reduction (RM, WIP, FG)
• Reliable Rapid Replenishment
• Eliminating shortages without increasing inventory

Key Takeaways
• Planning for uncertainties in today’s environment
• Important concepts – Full Kit, On Time in Full, Replenishment and lead time

Module 4: Weekly Review Process and Product Mix Decisions
• Key parameters (3-5) to be reviewed on weekly basis
• What “not” to measure
• Concept of Better than Before: 13 week moving average
• Cash constraint and cash velocity
• Taking product mix decisions to increase throughput and cash flow

Key Takeaways
• Measurements Drive Behaviour
• How to prepare your weekly scoreboard
• First survive, then thrive
• Marketing and selling decisions based on product cost can be harmful, participants will learn how to use a Throughput based approach



Click Here to download the PDF for more information on this event and event facilitators