10-05-2012, 01:44 PM
The Goal
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A Process of Ongoing Improvement By Eliyahu M. Goldratt and Jeff Cox discusses the principles of manufacturing on a global perspective. The book directs a manager to adopt new and revolutionary ways of thinking. It provides a deep insight into his experiences and explaining his views and thoughts about problems and his revolutionary ways to find solutions for it. The intended audiences are managers, consultants. Author’s style was formal, purely technical with originality and suited the audience. The bottom line was to achieve our goal. The relationship between the cause of the problem and its effect needs to be understood properly.
Actions which make us move towards the goal are productive else non-productive. Making money is the goal of a company. Throughput, inventory and operational expenses are used as measurements to express the goal. Measurements need to be defines clearly else they are ineffective. The more we go close to make a balanced plant the more bankrupt we become. The goal can be achieved by reduction in operational expenses, decreasing the inventory and concurrently increasing the throughput. Dependant events and statistical fluctuations stand as a mathematical proof to determine the capacity of the plant. The rule stated in this book is the level of utilization of a non-bottleneck is determined by some constrains in the system but its not dependant by its own potential. Keeping the resources always active makes us un-productive rather utilization of resource makes it productive.
Cost-accounting rules which everybody used in the past states to balance capacity with demand rather we should be trying to balance flow with demand. Bottlenecks should be given the first priority but not at the expense of other machines because they may turn into bottlenecks. No idea is small hence every idea has to be given equal priority. Author tries to stress on the point that when a work is assigned to us which may be felt impossible at its first sight should be considered and in-depth analysis would help us make it possible may be with few exceptions.
Author tries to introduce a new method of teaching where in answers aren’t told by the professors rather they are extracted from the students itself. This method gives the student better understanding to the problem, helps them find new possible solutions rather than following the rules blindly and increases there level of confidence.