About this Presentation
We have observed a new situation that has emerged over the past 10 years. In today’s factories or R&D departments, 8 times out of 10, the capacity constraint is in the wrong place. Furthermore, to make matters worse, management is wrong about where its constraint really is. So they over-utilize non-bottleneck resources thereby increasing WIP and lead times and they under exploit the bottleneck because they have not recognized its existence which results in limited throughput. We will attempt to describe what has led to the development of this situation. This state of affairs can be viewed as regrettable…or as an extraordinary opportunity for 8 companies out of 10. It means that the majority of organizations can transform their performance very easily, very quickly in both their production and their new product development. All they have to do is properly implement the Theory Of Constraints. Several recent real world cases will be presented and an attempt will be made to identify the common root causes of this situation.
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.
Instructor(s)
Philip Marris
Philip Marris started his Theory Of Constraints (TOC) journey in 1986 when he started working with Eliyahu Goldratt. He founded Marris Consulting in 2003. The companies’ assignments are nearly always TOC based. He has implemented TOC over 270 times in over 25 different countries over the past 30 years. He has for instance assisted: Louis Vuitton, McDonalds, Siemens, GSK, Safran and Ariane rockets. Half of Marris Consulting’s assignments are Critical Chain implementations. He is the author of a bestselling TOC textbook in French. He is bilingual and bi-cultural French/English and lives in Paris, France. Marris Consulting has extensive aeronautical MRO experience: Embraer, Air France, ABS Jets, Dassault, French Air Force, SABCA.
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.