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Mandyam Srinivasan - Building Lean Supply Chains with the Theory of Constraints

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Building Lean Supply Chains with the Theory of Constraints: summary, description and annotation

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INNOVATION STRATEGIES for building and managing the supply chain using Lean and the Theory of Constraints (TOC)

With an emphasis on systems thinking, Building Lean Supply Chains with the Theory of Constraints uniquely integrates TOC with Lean, illustrating how these two philosophies complement and reinforce each other to create the smooth flow of goods and services through the supply chain. The majority of the chapters draw on the tools and techniques of TOC, including throughput accounting, drum-buffer-rope, TOC in distribution and replenishment, the thinking process, and critical chain project management. All of these topics are presented in the context of building and managing a lean supply chain to achieve true bottom line results.

COVERAGE INCLUDES:

  • The lean supply chain roadmap
    • Envisioning the lean supply chain systems thinking
    • Adopting a throughput world perspective
    • Designing products and processes to fulfill customer needs
    • Building a competitive operations strategy
    • Partnering in the lean supply chain
    • Streamlining the value stream
    • Creating flow through the supply chain
    • Managing projects the TOC way: critical chain project management
  • Mandyam Srinivasan: author's other books


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    Building Lean Supply Chains with the Theory of Constraints

    About the Author

    Mandyam M. Srinivasan is the Pilot Corporation Chair of Excellence at the University of Tennessee. He is the author of Streamlined: 14 Principles for Building and Managing the Lean Supply Chain (Cengage, 2004), and coauthor of Supply Chain Management for Competitive Advantage (Tata McGraw-Hill, 2009). Dr. Srinivasan has many years of work experience with leading automobile manufacturing organizations, and he has consulted with a large number of industries.

    Building Lean Supply Chains with the Theory of Constraints

    Mandyam M. Srinivasan

    Copyright 2012 by The McGraw-Hill Companies Inc All rights reserved Except - photo 1

    Copyright 2012 by The McGraw-Hill Companies Inc All rights reserved Except - photo 2

    Copyright 2012 by The McGraw-Hill Companies, Inc. All rights reserved. Except as permitted under the United States Copyright Act of 1976, no part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written permission of the publisher.

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    To my mother, Mythili; my wife, Kanchan; and my daughters, Tanu and Madhu

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    FOREWORD

    Throughout my 30-year career in the aerospace industry, I have witnessed unparalleled technological advancements in aeronautical systems and capabilities, as well as ground-breaking changes in our business operations. The defense technology and industrial base is now a global network with global suppliers, and our challenge is to manage the resources, skills, competencies, and tools within the network through all phases of the product life cycle.

    As enterprises such as ours strive to create and deliver competitive products in this global marketplace, it is more critical than ever to develop and maintain a lean supply chain. But what is the definition of a lean supply chain, and how can an organization achieve this ideal? Dr. Srinivasans book, Building Lean Supply Chains with the Theory of Constraints, answers this question and more because he provides an in-depth look at todays lean supply chains and offers a detailed plan on how to realize them.

    Outlining a seven-step roadmap that enterprises can use on their lean supply chain journey, Dr. Srinivasan applies Theory of Constraints (TOC) concepts to supply chain management in a thought-provoking and pragmatic way. The book intimately explores building and managing a lean supply chain from an operations and logistics perspective, with Lean and TOC principles combined. Not only does Dr. Srinivasan tackle the importance of systems thinking, but he also applies TOC philosophies to throughput, meeting and anticipating customer needs, delivery requirements, collaboration, and improved visibility of the supply chain, among others.

    As Dr. Srinivasan expounds on his seven-step roadmap, he lays the groundwork for what a lean supply chain should look like. Weaving in 16 Lean Supply Chain Principles, the result is a framework that enterprises can use to create and manage their lean supply chains.

    In this book, lean supply chains are not assayed from one angle but are considered from multiple vantage points. The initial chapters investigate the hurdles and structure of the lean supply chain, introducing the Theory of Constraints to enhance Lean supply chain performance. Throughout the book, Dr. Srinivasan leverages real-world scenarios to drive home the necessity of merging Lean and TOC principles.

    While this book looks at an integrated approach to supply chain management and sets the expectation that industries partner with the supply chain, Dr. Srinivasans vision never loses sight of the customer. At Lockheed Martin, our customer is our focus, and we realize that collaborative relationships are the key to our current and future successes, especially when building fifth-generation aircraft such as the F-35 with a supply chain that spans the globe. As we learn more about these relationships in the global market in which we work, we can better understand our customers needs and plan for tomorrow.

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