Frank Patrick's Focused Performance Business Blog
This Focused Performance Weblog is a "business management blog" containing links and commentary related primarily to organizational effectiveness with a "Theory of Constraints" perspective. TOC is noted for its applications in Project Management and Multi-Project Management (Critical Chain) and Operations Management (Drum-Buffer-Rope), as well as in Marketing, Strategic Planning and Change Management (TOC Thinking Processes). If you are on an archive page, current postings are found here .
Friday, June 02, 2006
TOC for Cost Control -- "A study released in the May, 2006 APICS magazine demonstrates that TOC is twenty times as effective as Six Sigma, and nearly ten times more effective than lean at causing cost savings. I find this remarkable result especially interesting because cost savings are a side benefit of TOC...TOC focuses on increasing Throughput." We all knew that, didn't we? (read Larry's summary with the math ). Tags: TOC , Theory of Constraints , Six Sigma , Lean , Productivity
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