About this Presentation
This presentation describes a case study of a vinyl cover stock manufacturer. Products are used in automobiles and industrial applications. Two large equipment, capital intensive V-plants produce revenues of $250 million. Business issues include a large order backlog, high expedited freight, marginal corporate profitability, large capital investment, aging and poorly maintained capital equipment, seasoned and senior leadership team with new, young president (daughter of chairman and owner), and recently reduced work force in both facilities. The presentation describes the TOC journey and results. The core conflict for the automotive supply chain preventing it from making more money is the focus on the requirement of satisfying the end customer by implementing rules that satisfy this need versus the requirement that each link in the chain optimize its operations by letting each link establish rules to minimize its cost (for example). This conflict dictates that the automotive release (push) system is used throughout the automobile industry. Lessons learned include: don't implement TOC applications in isolation – understand the overall industry and consider the company’s role in its supply chain – holistic application; don't ignore previous decisions the company has made that have yet to impact the organization; make sure the leadership team can make the journey – it takes 3 to 6 months to get a new VP up to speed; and don't let your own pride prevent you from changing the direction of the solution.
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)
Jack Warchalowski
Jack Warchalowski is the CEO of CMS Montera Inc.
Montera specializes in software and consulting that helps clients solve problems in Operations and the Supply Chain.
Jack helps organizations enhance their profitability and competitive position through the implementation of strategic improvement initiatives driven by our Roadrunner software.
Jack is a Certified Management Consultant and a Professional Engineer registered in Ontario. He holds an MBA degree from the Wilfrid Laurier University and a Bachelor of Applied Science in Mechanical Engineering from the University of Waterloo in Waterloo, Ontario.
In addition, Jack is certified by the TOCICO in all aspects of TOC.
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.