What is needed is just the courage to face inconsistencies and to avoid running away from them just because “that’s the way it was always done”. - Eliyahu M. Goldratt
" "What is needed is just the courage to face inconsistencies and to avoid running away from them just because “that’s the way it was always done”.
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About Eliyahu M. Goldratt
Eliyahu Moshe Goldratt (March 31, 1947 – June 11, 2011) was an Israeli physicist who became a business management guru
Biography information from Wikiquote
Also Known As
Native Name:
אליהו גולדרט
Alternative Names:
Eliyahu Goldratt
•
Eliyahu Moshe Goldratt
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Additional quotes by Eliyahu M. Goldratt
Flow means that inventories in the operation are moving. When inventory is not moving, inventory accumulates. Accumulation of inventory takes up space. Therefore, an intuitive way to achieve better flow is to limit the space allowed for inventory to accumulate. To achieve better flow, Ford limited the space allotted for work-in-process between each two work centers.
Well, since we started keeping data on the bottlenecks, I’ve been noticing I’m able to predict several weeks in advance what each bottleneck will be working on at a particular time. See, as long as I know exactly what’s in queue, I just take the average setup and process times for each type of part, and I’m able to calculate when each batch should clear the bottleneck. Because we’re only dealing with one work center, with much less dependency, we can average the statistical fluctuations and get a better degree of accuracy.
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