About this Presentation
Process Equipment Company (PECo), a US manufacturer, has faced and continues to face fierce global competition in challenging economic situations. PECo looked beyond the choice of either TOC, lean or six sigma and realized that all methodologies had strengths if utilized in an integrated fashion. PECo turned to AGI’s focused system improvement (FSI) process, a true TOCLSS (TLS) integrated process, to maintain competitiveness and actually grow market share. This same FSI process guides PECo as they continue to sustain profitable growth during this latest economic downturn.
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.
The company was facing significant challenges due to lack of system understanding, poor on-time delivery, and negative profits.
The implementation of the Drum Buffer Rope (DBR) system had an immediate positive impact on throughput, work in progress (WIP), and on-time delivery.
The Strategy, Design, Activate, Improve (SDAI) process was crucial in the company's improvement journey, helping them to focus on the right areas for improvement and ensuring that these improvements had a positive impact on the bottom line.
Instructor(s)
Jim Zahora
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.