Theory of Constraints

Theory of constraints is a methodology that is used by the
people to identify the constraints that are standing as a
hindrance in the process of accomplishing the organizations
goals besides improvising the constraint to ensure that it does
not stand as an obstacle. To be precise, the limitation has to
be shaped in such a way that it no longer would be a
constraint. Basically, in the manufacturing industry, constraint is
referred by the name called bottleneck. As per the theory of
constraint (TOC), each and every process that is being carried
out has a constraint. It is crucial for the organizations in their
respective industry to assimilate the constraints to facilitate the
whole process. Without improving the constraints, it is not
possible for the organizations to improve the entire process.
This is better explained with an example. If someone has
handed you a match box and asked you to count. Then, to
start the count you would remove the match sticks from the
box and after counting you would arrange them back in the
box properly. So, the constraint in this is how soon the match
box is handed over to you. Did the time have an impact on
your counting speed? Would you have counted the matchsticks
in the box more quickly, if the match box was handed over to
you a little bit before? Basically, this is how the constraint will
help to boost the process. However, in this e-book we will
discuss about the theory of constraints in detail. However, by
reading this informative e-book, you will have a thorough
understanding on the below concepts of theory of constraints.
Introduction
What is the theory of constraint?
Types of constraints
Implementation of five step process in theory of constraints
Principles of theory of constraints
Real-time examples of theory of constraint
How the theory of constraints works in service organizations
Establishing relationship between operational measures and
theory of constraint
Comparison of lean thinking with theory of constraints