About this Presentation
How software solutions will help Eli Goldratt achieve what he wanted: to make TOC the main way to manage organisations. To do that he followed several strategies two of which we discuss. A strategy he did not specifically include that Alkyone, SAP and Sabesoft implement fully compliant TOC in their software. The software created are fully compliant TOC ERPs to serve both large and small customers. This presentation is about the work Alkyone have done with SAP. Add-on modules to ERP software have been around for some time. SAP has embraced TOC, now available in all current versions of SAP. TOC will get a significant boost of credibility through SAP support. Alkyone and SAP made the necessary modifications to existing SAP modules so that TOC functionality is native to the SAP software. The power of ERP has been enhanced by information guidelines and rules that will lead a company from having many local optimisations to optimisations that help the constraint and the system as a whole. Expect, the removal of the need for local optimisation, that the ROI of your ERP investment jumps! Video length: 58:49. PDF: 36 slides.
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 Theory of Constraints (ToC) is an integral part of SAP and follows five focusing steps, including finding the constraint and subordinating parts.
The ToC tool in SAP can help identify constraints, manage inventory strategically, and dynamically adjust buffers based on demand and supply situations.
The ToC process can be made more sustainable and standardized within a company through its formalization in SAP.
Instructor(s)
Rudolf Burkhard
Rudolf Burkhard brings almost 50 years of varied business experience to his work. He has held finance, technical service, sales, marketing, supply chain, project and business management and management consulting positions at Du Pont’s European headquarters in Geneva. Except for a short period running a small company his experience comes from work in several Du Pont’s business units within the Textile Fibres and Electronics Departments. In 2001 he left Du Pont to focus on Theory of Constraints consulting, now with Alkyone Consulting. He is the author of the article “You Can’t Spot Serious Shareholder Value? Check your Paradigms.” that won the 1999 PricewaterhouseCoopers prize for the best article on ‘Can you Spot Serious Shareholder Value?’ He writes shorter and longer articles about ToC and other subjects he publishes on Linkedin and his Blog – www.supplychains.guru. Rudi has a dream – you can find it on the home page of his blog. It is: “My dream is to help clients & their employees achieve a harmonious & full life.
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.