The Theory of Constraints is a systems thinking methodology which identifies the most important limiting factor (i.e. constraint) that restricts the achievement of the system’s goal and then systematically improves it until it stops being the constraining factor.
Are real life problems complex or are they quite simple? Is management an art or a science? Why do most of the managerial actions not result in an improvement in the bottom-line? What is it that stops the organization from achieving its goal? Is there a systematic method to generate simple yet powerful solutions for ‘complex real-life problems’?
This programme attempts to answer some of these questions using Theory of Constraints (TOC). The Theory of Constraints is a systems thinking methodology that identifies the most important limiting factor (i.e. constraint) that restricts the achievement of the system’s goal and then systematically improves it until it stops being the constraining factor.
The development of Theory of Constraints is credited to Dr. Eliyahu Goldratt, the author of “The Goal”. The programme exposes the participants to some breakthrough solutions in the areas of Manufacturing, Services, Marketing, Sales and Distribution, Accounting and Projects, developed using TOC. Real life case studies will be discussed to demonstrate the effectiveness of TOC based solutions.
Content:
The course will cover, in-detail, the following topics:
With the objectives of imparting high quality management education and training, the Department of Higher Education, Ministry of Education, Government of India established Indian Institute of Management Indore as Institutions of Excellence. These Institutions are recognized as premier management institutions, comparable to the best in the world for teaching, research and interaction with industries.
Established in 1996, Indian Institute of Management Indore (IIM Indore) has been a leader in the field of management education, interfacing with the industry, government and PSUs. It is promoted and nurtured by the Ministry of Education, Government of India and is an institute of national importance under the Indian Institutes of Management Act 2017.
Situated atop a scenic hillock, the 193 acre campus of IIM Indore provides an ideal backdrop for contemplative learning. IIM Indore has the latest in teaching aids, rich learning resources, a strong IT backbone, state-of-the-art sports complex and hostels as well as contemporary infrastructure.
Diploma in Logistics & Supply chain Management Course is Offered by Tisat Group.
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Logistics and Supply Chain Management course is offered by Al Salama School Of Safety Studies. Diploma in Logistics and Supply chain management National Vocational training and education of India awarding Diploma and professional diploma with realtime internship.
Supply chain management involves purchasing and procurement, sourcing reliable suppliers across the globe and maintaining continuity of supply at the right price. Logistics involves a wide range of activities including inventory management, warehousing, distribution, transport and customer service....
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