Current downturn is putting pressure on companies not just to reduce costs but also to reduce the working capital requirements.

One of the pre-dominant styles of conventional management is management by objectives. On the face of it, the approach appears objective. However, it is not without flaws, as the following case studies highlight.

Almost every manager trying to meet targets, is dealing with obstacles that come his way. He overcomes a few, stumbles over the others. He is identifying constraints and removing them. Is this Theory of Constraints?

Traffic jams are a pain. It disrupts schedules and is a common excuse that people give for reaching late to work. But have you ever wondered what causes these traffic jams? One such day I decided to get out of my car and observe the various events that leads to this event.

Today numerous call centres have been set up to help customers transact, provide transaction updates, act as help lines, answer product related queries, and even handle grievances. The job seems to be over. But Is it?

I am sure most of you must have observed and experienced the extent of disharmony that exists in any organization. Unless sources of disharmony are resolved, situation will not change. Can TOC bring in harmony among people?

The pull system comes into play the moment manufacturing companies or suppliers start with small quantity supplies of new range of SKUs releasing the capital of the distributor. However, to make this reality there are two important paradigms of supply chain that needs to be addressed

People in sales are the most obstinate lot of mankind and it is very difficult to get things implemented in sales. This is the primary belief that most companies hold about the sales function, and is one with quite a bit of truth in it too.

In organizations, leaders must get tasks done through their team members. On the surface, this appears to be an easy thing to do, as leaders have formal authority over their team members (by virtue of organizational hierarchy) and so, can simply issue orders to get things done.

Though Theory of Constraints was originally offered by Eliyahu Goldratt as a manufacturing scheduling method, over the course of his career, Goldratt evolved TOC into a systems methodology which encompasses a wide range of concepts, principles, solutions, tools and approaches

Business ‘Experts’ generally go around departments and ask people for problems, do a gap analysis (with help of some benchmarking data) and then they arrive with solutions, almost one for each problem. Unfortunately, the inter-relationship between the problems is mostly ignored.

Batching issues tend have a profound influence on the flow characteristics of a manufacturing plant and substantial gains can be made by properly understanding underlying principles.

Most managers tend to be “selectors” who screen and judge subordinates based on outcomes! Becoming a coach is harder but a more effective leadership style

According to RBI data, 90% of all transactions in India are made with cash. A little over 80% of this cash became practically useless overnight after Rs1000 and Rs500 currency notes were demonetized on November 8 this year.

Schneider Electric (R&D)/ Vector Consulting Group was chosen as a finalist for the prestigious CSCMP Supply Chain Innovation Award, 2018 .

Skipper Limited turns out to be the only Polymer Products manufacturing company to roll out The Theory of Constraints (TOC) in

Edelweiss as part of their series ‘COFFEE WITH CEO’ the team met Parag Milk Foods’ (Parag) Chairman Mr. Devendra Shah and CFO Mr. Vimal Agarwal to gain insights into its business

Parag Milk Foods announced the results of its new sales pilot after it rolled out TOC Pull distribution solution to provide very high availability at lower inventory while simultaneously improving freshness of products at retail points.

In an interview with Fibre2Fashion, Satyashri Mohanty discusses how Indian textile is losing its "cheap labor" based competitive edge and how exporters have no option but to make a huge paradigm change to regain a compelling advantage in the international markets.

In the recently concluded placement season for 2018, the company has recruited talent from premier institutes like XLRI, IIMs and ISB.

With growing number of industries and business firms, the diversity in the constraints is also growing. Some organization find their way out of the pitfalls where as some grapple with them. Theory of Constraints (TOC) as a reliable solution has benefited largely to these organization. Walking us through the factors associated with the application of TOC and its prevalence, Mr. Satyashri Mohanty, Founder Director of Vector Consulting Group gives us real glimpses of industry.

Pratibha Syntex (Indore), a well-known Indian apparel exporter and a leading manufacturer and exporter of knitted garments and speciality yarns has bagged the ‘Best Global Supplier of the Year Award’ for 2016 by C&A at their Global Supplier Summit in Hongkong.