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The New Beginning

The New Beginning

A Business Novel on How to Successfully Implement the Combination of The Theory of Constraints, Lean, and Six Sigma to Drive Profit Margins

by Bob Sproull and Matt Hutcheson
Hardback
Publication Date: 18/05/2021

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* Details the specifics of how to combine the Theory of Constraints, Lean, and Six Sigma in a very simple format.
* Many companies have tried implementing Lean or Six Sigma or a combination of the two, but when the Theory of Constraints is mixed in, the full impact of the improvement effort will be realized.
* By introducing the Theory of Constraints version of accounting, known as Throughput Accounting, companies will be able to see that the secret to maximum profitability is not through how much money you can save, but rather through how much money can be made.
* Many companies use what is known as the Min/Max system to control inventory -- this book introduces the Theory of Constraints version of inventory control, known as the Dynamic Replenishment Solution, which results in a fifty percent reduction of inventory with close to zero stock-outs.
* Clearly demonstrates the power of combining the Theory of Constraints with Lean and Six Sigma in terms of profit enhancement.
* Details a clear step-by-step methodology on how to combine these three initiatives into a single, powerful improvement method.
* Demonstrates that no matter what type of manufacturing company it is, the combined methodology will drive profit to levels not seen before.
* Because this book is based upon actual events by the author, the credibility of it is enhanced. * Demonstrates the concepts of focus and leverage that the reader will grasp early in the book.
ISBN:
9780367688387
9780367688387
Category:
Other manufacturing technologies
Format:
Hardback
Publication Date:
18-05-2021
Publisher:
Taylor & Francis Ltd
Country of origin:
United Kingdom
Pages:
322
Dimensions (mm):
229x152mm
Weight:
0.8kg

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