The art of transforming the automotive supply chain.

The founder of Profound Consulting and advisor to Yagna Entrepreneur Success Services says OEMs and dealers can benefit hugely from moving from forecast-based planning to consumption-based planning and execution. The ongoing COVID19 pandemic has thrown the automotive industry, its supply chain and the dealership business out... Read More

Article – Auto Car Professional https://www.autocarpro.in/opinion-column/the-art-of-transforming-the-automotive-supply-chain-56308

Theory of Constraints – Breakthrough business practice in and beyond the crisis

Unprecedented times call for rethinking and redesigning strategies to operate businesses. Most of the organisations have embraced various best practices but still, a couple of months of fall in revenue can break most of these businesses. This is the bitter reality that calls for our businesses to be more resilient to overcome crisis situations in future... Read More

Article – Motor India https://www.motorindiaonline.in/theory-of-constraints-breakthrough-business-practice-in-and-beyond-the-crisis/

Project Management

Organisations often struggle to keep the promised due dates for a customers project. This gets tougher in a shared & muti-project environment. The resources try to pad-up the task estimates & this further jeopardizes the project deliverables.This is where Critical Chain Project Management [CCPM] the Theory of Constraints way of managing the projects can help the organisations overcome the obstacles & be the first to the market. Critical chain optimizing recognizes that... Read More

Production at High Speed

Drum-Buffer-RopeDrum-Buffer-Rope (DBR) is a method of synchronizing production to the constraint while minimizing inventory and work-in-process.The Drum is the constraint. The speed at which the constraint runs sets the “beat” for the process and determines total throughput.The Buffer is the level of inventory needed to maintain consistent production. It ensures that brief interruptions and fluctuations in non-constraints do not affect the constraint.... Read More

Throughput

Since long organisations have been focussing largely on Cost reductions to improve their bottomline. Contrary to this belief, the world of Theory of Constraints believes in “Throughput Accounting”. It is a simplified method which enables the entire organisations right from the people assigned with day to day tasks to the top management. It focusses more on increasing Sales, reducing the “Truly Variable Cost” i.e. COGS. & increasing profitability. Throughput becomes the... Read More