Posted by: meikah | 12 May 2008 | 8:47 pm
Whoa, there’s no end to these quality management concepts and methodologies! This only shows that competition is stiff and business is doing good that companies continuously find ways to enjoy benefits and savings.
Over at Supply Chain Management Review, there is a good discussion on how constraints management enhances Lean and Six Sigma. Inspired by the Eli Golratt’s Theory of Constraints, the article describes constraints management as:
Constraints management looks at the business as chains of dependent events and focuses improvement efforts on the weak links in the chains. On the face of it, the inclusion of yet another sophisticated business process might seem to lead to excessive complexity. But in practice, this new layered approach actually can simplify management’s job by providing a focusing mechanism for improvement initiatives.
Check out the article: How Constraints Management Enhances Lean and Six Sigma