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Introduction to "Never say I know"

Dr. Eliyahu M. Goldratt's last development was the process to ensure the permanent evolution of TOC. The 4th pillar of TOC "Never say I know" was formally introduced during the 2011 TOCICO Practitioner Upgrade in Palisades, NY.

13 min
Determining Inventory Targets

In this extract from the Goldratt's Strategy and Tactics for MTS to MTA Goldratt presents and explains the strategy, tactics and corresponding assumptions for determining proper inventory targets, a critical piece for aligning production to actual d ...

Dr. Eliyahu M. Goldratt
20 min
Lead time management in a machinery manufacturing company

This is a case where the methodologies of both TOC-DBR and TOC-Distribution are applied. The approach is to reduce lead time taken until customer order is fulfilled. The result shows this approach is effective to get the inventory down as well as to ...

Namkee Chung
61 min
2 . Finance and Measurements - T, I & OE and Throughput Accounting

Cost-accounting based measurements are devastating to the shop floor, marketing, sales and especially engineering. How to bridge the gap between the bottom line measurements (the P&L and the Balance Sheet) and the local measurements (efficiencies, pa ...

Dr. Eliyahu M. Goldratt
162 min
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