About this Presentation
This facilitated session is directed by Henning de Preez. Henning introduced the basic concepts of dynamic buffer management (DBM) with others contributing. Henning discussed an easy life and India’s invasion of Africa. His background is in mining and in Africa you need to move from training to implementation immediately. Several questions were posed related to DBM: For what purpose do we need DBM? How does DBM work (solutions as described in the Distribution Insights)? What are the conditions under which the generic DBM solutions will work (and will not work)? What is the conflict(s) for those conditions where DBM will not work? What is the direction of the solution for the conflict? Eli Schragenheim joined the presentation to explain the details related to DBM and capacity available.
What Will You Learn
To help you get the most value from this session, we’ve highlighted a few key points. These takeaways capture the main ideas and practical insights from the presentation, making it easier for you to review, reflect, and apply what you’ve learned.
Dynamic Buffer Management is a critical tool for managing inventory levels and ensuring a steady supply of products, especially when dealing with a large number of SKUs.
DBM works best in environments with stable and predictable demand, but can struggle in situations where demand is sporadic or 'clumpy', or where there are significant seasonal fluctuations.
Adjusting buffers by a significant amount can lead to a vicious cycle of overloading production capacity and causing delays, especially if there is a bottleneck in the production system.
Instructor(s)
Henning du Preez
Ms Alka Wadhwa
Alka Wadhwa is an experienced consultant and process improvement expert with over 24 years of expertise in the Theory of Constraints (TOC), Lean Six Sigma, and organizational performance optimization. She has successfully led projects in healthcare, financial services, and manufacturing, driving significant improvements such as a 67% boost in hospital operations and a 140% increase in outpatient visits.
Previously, Alka Wadhwa spent 17+ years at GE Global Research Center, where she led initiatives to enhance various GE businesses through advanced technologies, process redesign, and system optimization. Founder of Better Solutions Consulting, LLC, she specializes in using TOC, Six Sigma, and data analytics to streamline operations and build high-performance teams.
Her work has earned her multiple accolades, including the Empire State Award of Excellence in healthcare.
Dr Gary Wadhwa
Dr. Gary Wadhwa is a Board Certified Oral & Maxillofacial Surgeon with extensive experience in the field. He completed his Oral & Maxillofacial Surgery training at Montefiore Hospital, Albert Einstein College of Medicine in Bronx, NY, and has served as an Attending at prestigious institutions like St. Peters Hospitals, Ellis Hospital, and Beth Israel Hospital in NY. With a career spanning over two decades, he was the former CEO and President of a group specialty practice in NY from 1994 to 2015. Dr. Wadhwa holds an MBA from UT at Knoxville, TN, and has undergone additional training in System Dynamics at MIT, Health System Management at Harvard Business School, and Entrepreneurship and healthcare innovations at Columbia Business School. Committed to expanding access to Oral & Maxillofacial Surgery care, he is currently engaged in a meaningful project to provide healthcare services to underserved populations in inner city and rural areas through non-profit Community Health Centers.