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Join the Digital Revolution with Production Flow Optimization
- Streamline your production flow processes
- Maximize your bottom line
- Navigate the waters of digital transformation
Theory of Constraints (TOC) Production Flow Optimization
What is Theory of Constraints?
The Theory of Constraints is a process of identifying the most critical limiting factor or constraint, commonly known in manufacturing as the bottleneck. It may be that this limiting factor is standing in the way of attaining a desired goal. Once identified, the process involves systematically improving that constraint until it is no longer a concern.
The ultimate goal for most organizations is to turn a profit, both in the short term and long term. A successful implementation of the Theory of Constraints will have the following benefits;
- Increase In Profit:the primary goal for most organisations
- Fast Improvement: a result of focusing all efforts on one area
- Improved Capacity: realising more of the final product
- Reduced Lead Times: without the crackswe produce more in the same amount of time
- Reduced Inventory: less bottlenecks means less work-in-process
Our Solution
Key elements of the TOC production flow optimization include:
- Process mapping
- Identification of buffers and processes
- Setting of good buffer levels and process performance levels
- Identification of the CCR (Capacity constrained resource)
- Daily production flow tracking sheet
- Daily War Room Meeting
iQuest Theory of Constraints Production Flow Optimisation is a powerful production management and optimisation system that is based on the Theory Of Constraints. Coupled with the daily Focus Room “War Room” the implementation of the this system will typically result in a positive quantum leap in culture as well as a focus on organisational goals that is life changing. Typically within a week of implementation, the true production bottleneck will be revealed by the process, allowing the production managers to then focus on achieving high production flow.
Our foundation for asset management is built on the ISO 55000 standard. To learn more about this click here.