UnRefusable OfferOnce very short lead times are dependable and there is sufficient capacity, a market offer can be created that the competition won't try to match because they can't. This is an UnRefuseable Offer, also called a Mafia Offer. It satisfies our customers' needs so well that they feel compelled to take us up on it. This is a powerful competitive advantage. |
Theory of ConstraintsA Systemic ViewThe Theory of Constraints (TOC) is the concept that every system is limited by a constraint. Without a constraint, a system would be unlimited.Picture a garden hose with a kink. The kink limits the total flow of water going through the hose. In order to increase the flow, you must straighten the kinked section of hose. As you can imagine, straightening any other part of the hose would be a waste of effort. To get more throughput out of your system, you must focus your efforts in the only section that will make a difference. 
This Theory of Constraints is a management approach originated by Eli Goldratt, a physicist who applied scientific thinking to business. His business novel, "The Goal: A Process of Ongoing Improvement" (North River Press, 1984), has sold millions of copies and has been translated into over 27 languages. His revolutionary concepts have also been applied to the management of Manufacturing, Marketing, Project Management, Distribution and Supply Chain and Strategic Analysis. Five Focusing Steps of the Theory of Constraints
Concentrate on throughput, and all the metrics go in the right direction.
[Marine Corps Logistics Base] Decisions that used to take months, take days. [Delta Tech Ops] The Goal: A Process of Ongoing Improvement
 354 Reviews |
