Manufacturing for the Real Bottom LineDavid Ottenstein
Level of TOC knowledge acquired:Introductory
Designed for:Business owners, Executives, Managers, Shop Floor workers and Supervisors
This book is written for anyone involved with manufacturing. It provides enough information on Theory of Constraints to start a TOC implementation. It explains the reason why most Lean initiatives fail (it\'s not lack of support from upper management!) and shows how to ensure that Lean initiatives succeed. It also explains how to implement Business Process Management on the shop floor.
Understanding TOC Concepts:
- Identify bottleneck/constraints
- Exploit your constraints
- Increase throughput
Manufacturing for the Real Bottom Line also provides an overview of the most common Financial and Activity ratios used in the manufacturing industries, and how to use them to spot areas of concern. As well you'll receive a breakdown of COGS to show exactly how and where costs get trapped in inventory, and what to do about it. Then you'll learn how to implement a cash management strategy.