About this Presentation
Eli Schragenheim facilitated this session; others discussed their information technology (IT) problems. This presentation describes the top objectives for companies using TOC as: we have very effective operations in the TOC way, fully synchronized with sales; and our IT system fully supports the operations in the TOC way and the synchronization with sales. Two facts of life are: it is impossible to manage operations manually when large number of products and/or large number of orders have to be handled and software systems are capable of sustaining the procedures and terminology of a managerial approach. The compromises of building your own IT system versus modifying existing software are discussed. Add-ons, Excel spreadsheet (open system), etc. are discussed as options in IT.
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.
Modifying existing IT systems to accommodate TOC can be challenging and time-consuming, often resulting in compromises on the content.
Buffer management is a key component of TOC and is often the differentiating factor between existing IT systems and add-on software.
The use of add-on software can leverage the capabilities of existing IT infrastructure and provide a more effective implementation of TOC.
Instructor(s)
Eli Schragenheim (moderator)
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.