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The Theory of Constraints as a Method of Results Optimization in Complex Organization

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Języki publikacji
EN
Abstrakty
EN
The paper presents the theory of constraints (TOC) as a method used to improve results in a complex, multiplants organization. In the article the assumptions of this method has been presented as well as iterative approach concerning how to launch it in practice. Main indicators for organizational effectiveness assessment have also been presented. The maximization of production assets utilization is a key issue for competitive organization in the changing market conditions. An appropriate usage of the theory of constraints enables efficient allocation of financial assets among particular plants within a capital group. An application of a method has been presented based on throughput analyses and its influence to improve financial results of one plant organization and synergy effect in multiplants organization. The theory of constraints can be used in almost every kind of business sectors, among them are metal and foundry industries. It allows to be implemented in production organizations as well as in any other company’s profiles. Everywhere the constraint has been defined there is a chance to achieve an improvement following the presented method. The examples have been taken from the casting plants which use continuous and mold casting technologies. The examples show that TOC approach can be successfully employed as the improvement tool of foundries’ performances.
Rocznik
Strony
59--64
Opis fizyczny
Bibliogr. 12 poz., rys., tab.
Twórcy
autor
  • Orzeł Biały SA, ul. Harcerska 23, 41-946 Piekary Śląskie, Poland
Bibliografia
  • [1] Goldratt, E. (2010). Introduction to TOC – My perspective. In J. F. Cox & J. Schleier (Eds.), Theory of Constraints Handbook (Chapter 1). New York: McGraw-Hill Education.
  • [2] Rahman, S. (1998). Theory of constraints: a review of the philosophy and its applications. International Journal of Operations & Production Management. 18(4), 336-355.
  • [3] Peng, P. & Chen, E.H. (2012). The Production Scheduling Problem of Aluminum Casting Based on Theory of Constraints. Advanced Materials Research. 403, 3666-3670.
  • [4] Kyncl, N. (2013). Identification of bottlenecks in iron foundry production – case study. In Metal 2013: 22nd International Conference on Metallurgy and Materials, 15-17 May 2013, Brno, Czech Republic.
  • [5] Mpanza, Z. & Nyembwe, D. (2014). Improving operating methods in a South African Foundry Company – a case study. In the 2014 International Conference on Industrial Engineering and Operations Management, Bali, Indonesia, 7-9 January 2014 (pp.793-800).
  • [6] Klapholz, R. & Klarman, A. (2004). The Cash Machine Using Theory of Constraints for Sales Management. Great Barrington: North River Press.
  • [7] Kendall, G. (2004). Viable vision: Transforming total sales into net profits. Plantation: J. Ross Publishing.
  • [8] Goldratt, E. (2000). The Goal: A Process of Ongoing Improvement. Warsaw: Werbel (in Polish).
  • [9] Goldratt, E. (1990). What is this thing called Theory of Constraints. Great Barrington: North River Press.
  • [10] Linhares, A. (2009). Theory of constraints and the combinatorial complexity of the product-mix decision. International Journal of Production Economics. 121(1), 121-129. DOI: 10.1016/j.ijpe.2009.04.023.
  • [11] Kaplan, R.S. & Cooper, R. (1998). Cost and Effect: Using Integrated Cost System to Drive Profitability and Performance. Boston: Harvard Business School Press.
  • [12] Pirasteh, R.M. & Farah, K.S. (2006). Continuous improvement trio. APICS Magazine. 31-33.
Uwagi
PL
Opracowanie rekordu w ramach umowy 509/P-DUN/2018 ze środków MNiSW przeznaczonych na działalność upowszechniającą naukę (2018).
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-702be343-c1fa-4429-a5d5-587981207905
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