About this Presentation
GCPL has been growing through acquisitions in emerging geographies wherein increasing business complexity (in terms of product portfolio, new product introductions) has been a challenge. This presentation covers how the company is using TOC solutions to bring simplicity to grow businesses at a faster pace. Company uses innovative yet simple TOC solutions, which are internally developed. Deployment of these solutions have helped the company to realize significant improvement in on-time In-full (OTIF) performance to stores, inventory mix in retail outlets / customers and hence inventory turns. A detailed case is presented to demonstrate the conceptual model that is used to improve the business performance. The model developed can be easily adapted by many small- and medium-size businesses.
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.
Godrej Consumer Products has been implementing TOC since 2004, using it to improve operations and value in their acquisitions.
The company uses a unique model of integrating acquisitions, letting them operate as independent entities while implementing processes and management systems from India.
Despite challenges in implementing TOC in diverse geographies due to language and cultural differences, the company has developed their own way of implementing TOC, using intuition to identify weak spots and applying logic to bring about change.
Instructor(s)
Rakesh Sinha
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.