Theory of Constraints :: Goldratt Marketing

Recommendations for developing and using money buffers in TOC logistical solutions

by Oded Cohen Oded touches on a specific practical issue related to the fundamental part of the logistical solution of TOC, mainly the financial aspect of Buffer Management. Managers face a conflict between having buffers and managing them properly, since the task requires from time to time financial support. Oded starts by explaining the three types of flow that exist in the organization and then goes into the use of buffers to manage these flows. He shows the financial side of the logistical buffers, specifically the concept of using buffers as insurance for protection against unpredicted events. He explains his concept of money buffers for Make to Order (MTO), Make To Availability (MTA), Distribute to Availability (DTA) environments, as an integral part of Buffer Management. Details & Options

Get Rid of Feeding Buffers

by Robert C. Newbold

Rob Newbold challenges the need of the Feeding Buffers in the TOC Application Critical Chain. He shows the benefits of conceptually having them, but also the practical difficulties of implementing them effectively. This is evidenced by the many "workarounds" related to them, as he exlains. Rob then presents his proposal on how to get rid of the feeding buffers and devotes the last part of the presentation discussing the drawbacks of doing so.

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Retail the TOC way - How to implement

by Humberto Baptista

Humberto starts by showing some typical elements to the retail environment, like the concept of space, product classification, seasonality, life cycles, etc. He then goes into explaining the pieces of the TOC solution for this environment and challenges some of its assumptions. Humberto shares, using the extensive experience he has in this field, what he believes are the required changes to the generic solution of TOC and how to implement them. In the last part of his presentation he covers the concepts of liquidation, reverse logistics, space buffers, fast mover detection, new product introduction, etc.

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Cost Buffers as the Financial Measurement in a Critical Chain Environment

by Kenneth Francis

This presentation focuses on Critical Chain implementations within the US Department of Defense. It introduces the concept of Cost Buffers and Earned Value Management System (EVMS) in a Critical Chain environment. Presented during the Theory of Constraints International Certification Organization (TOCICO) Conference held in Barcelona, Spain - November 2005.

Language: English

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Managing patient flow using time buffers

by Alex Knight

This paper highlights the achievements that have been made in delivering breakthroughs in performance in the healthcare environment using the TOC principles by QFI Consulting over the last five years. It also highlights the conceptual differences between a TOC and Lean approach.

Language: English

Details & Options

Production the TOC Way with Simulator

Concepts and Principles Workshop Series - Critical Chain Project Mgmt

Goldratt Satellite Program - GSP Series

Ch 33. Theory of Constraints in Complex Organizations

The Goal Movie - How to Version

Theory of Constraints Handbook

CH 09. From DBR to Simplified-DBR for Make-to-Order

Ch 10. Managing Make-to-Stock and the Concept of Make-to-Availability

Ch 11. Supply Chain Management

Concepts and Principles Workshop Series - Production Mgmt

Full TOC.tv Access Membership

Pride and Joy

ERP Tools, Techniques and Applications for Integrating the Supply Chain

Supply Chain Management at Warp Speed

Orlicky's Material Requirements Planning (3rd. Edition)

Ch 03. A Critical Chain Project Management Primer

Ch 04. Getting Durable Results with Critical Chain—A Field Report

Ch 12. Integrated Supply Chain

Ch 15. Continuous Improvement and Auditing

The Race

Ch 07. A Review of Literature on Drum-Buffer-Rope, Buffer Mgmt and Distribution

Ch 08. DBR, Buffer Management, and VATI Flow Classification

Ch 14. Resolving Measurement/Performance Dilemmas

Ch 31. Viable Vision for Health Care Systems

Ch 35. Complex Environments

Building Lean Supply Chains with the Theory of Constraints

Demand Driven Performance: Using Smart Metrics

TOC Insights

Learning the Basis of Critical Chain

Ch 13. Traditional Measures in Finance and Accounting, Problems, Literature Review, and TOC Measures

Results on TOC.tv:

Recommendations for developing and using money buffers in TOC logistical solutions

Get Rid of Feeding Buffers

Retail the TOC way - How to implement

Cost Buffers as the Financial Measurement in a Critical Chain Environment

Managing patient flow using time buffers

PRIVACY POLICY AND USE OF COOKIES