Know your ‘constraints’ Why Management by Objectives is flawed. Battling the efficiency syndrome. Effortlessly! - Vector Consulting Group. Auto Supply Chain in India – a mishmash of “Push” and “Pull” methods? - Vector Consulting Group - Vector Consulting Group. What is THEORY OF CONSTRAINTS (TOC)? - Vector Consulting Group. Vector Consulting Group. Dedication As disciples of Eli Goldratt, we are heavily influenced by his thinking.
He trained us to always take a systems view, seek causal linkages between various seemingly disconnected problems till we hit the leverage point. He taught us that the truth is revealed by critical deductive logical thinking approach, not just by examining data. Theory Of Constraints and the Thinking Process - Vector Consulting Group. About us - Vector Consulting Group. Vector Consulting Group (VCG) was established in 2005 with a vision to help companies achieve market share growth in their respective industries by developing unique supply chain capabilities that provide a competitive edge.
VCG uses the platform of Theory of Constraints (TOC) solutions and thinking processes for developing these capabilities for its clients. VCG is an implementation-focused consulting firm that links a significant portion of its fees to the benefits derived by its clients. VCG accepts only holistic, company-wide assignments, which can deliver quantum results beyond the expectations of management. Within its ten years of existence, VCG has expanded to a size of 75 consultants and is considered as one of the fastest growing management consulting companies in India.
It is now working extensively for large corporates within the Tata Group, Godrej Group, Raymond Group, Bajaj Electricals Group, Trident, Kirloskar and Cummins Group. Theory of Constraints: Paradigms & Applications of TOC - Vector Consulting. While there is an ongoing debate on wether managing an organization an art or science, developed by Dr Eli Goldratt, Theory of Constraints (TOC) assumes that it is possible to apply the principles underlying the development of hard sciences, like physics, in area of management of organizations.
Or in other words managing an organization is a science. The two principles which have lead to development of hard sciences are the principle of inherent convergence and the principle of inherent harmony. No scientist can ever prove the veracity of these principles. Insights for Equipment Manufacturing. The TOCICO ( Theory of Constraints International Certification Organization) annual conference in Tokyo was a fantastic experience.
Isn't it quite amazing that every time we meet and discuss, we realise that there is so much to learn still? Of course the icing on the cake was Eli's sharing the key messages from his new book “Isn’t it Obvious?” Back to this moment - In continuation of our efforts to share insights gained from our implementations, we present the second newsletter dedicated to Engineering and Construction. Solutions for Equipment Manufacturing. Custom Manufacturing companies, which design a product, manufacture and deliver it to an order, have one of the most complex operations' environments.
Sharing of design and manufacturing resources across multiple projects/orders coupled with changing product mixes, pose a significant challenge in resource management and delivery execution. These organizations suffer from time to time starvation of manufacturing facilities despite having a good order book. The pressure to keep manufacturing facilities utilized, force them to change priorities, which in turn leads to de-synchronization.
There is always pressure to add resources, despite having low overall utilization numbers. Fighting Fakes in Auto Parts. March 2015 If you own car or bike, at some point in time, it will go in for repairs and maintenance.
At that point in time the mechanic may replace one or few of the parts. Insights on Automobile & Auto Components. The TOCICO ( Theory of Constraints International Certification Organization) annual conference in Tokyo was a fantastic experience.
Isn't it quite amazing that every time we meet and discuss, we realise that there is so much to learn still? Of course the icing on the cake was Eli's sharing the key messages from his new book “Isn’t it Obvious?” Back to this moment - In continuation of our efforts to share insights gained from our implementations, we present the second newsletter dedicated to Engineering and Construction. Solutions for Automobile & Auto Components. The success story of Toyota has shaped the management thought process of entire auto industry.
Almost every auto company swears by principles of JIT and wants to see inventory move between locations closest to the timing of real demand. However this approach has mostly resulted in stronger player in the supply chain forcing the weaker player to keep high inventory in their books and warehouses , while trying to enjoy the benefits of low inventory with either last moment inventory placement from vendors or pushing the excess out to the downstream partner, like a dealer.