| Description |
1 online resource : illustrations |
| Bibliography |
Includes bibliographical references and index. |
| Summary |
A crash course in the practical science of operations designed to help you: Achieve best possible profit, cash flow, and customer service; Attain highest return with existing Lean, Six Sigma, and ERP initiatives; Manage your capacity, inventory, response time, and variability with high predictability; Simplify management of complexity using existing IT systems; Use the fundamentals of science to ensure your operation's success; See your company and procedures more clearly; Improve intuition, decision making, and strategy execution. You'll find new ways to improve your leadership by predictively managing the tradeoffs that every operation faces-whether it's more or less inventory or capacity, higher or lower customer service, or more or fewer products. Using this approach, you can tackle these natural conflicts in business through a practical, comprehensive science of operations. -- Edited summary from book. |
| Contents |
Cover -- Title Page -- Copyright Page -- Contents -- Prologue -- The Book in Brief -- Why is This Book Needed? -- Chapter 1 Science--Use It or Lose -- Of Theories and Buzzwords -- Toyota and Science -- The Track Record: Lean and Six Sigma -- A Confused Landscape -- Looking Ahead -- Chapter 2 The Nature of Business--A Secret Hidden in Plain Sight -- Leading Performance Improvement More Productively -- Tradeoff Illustrations -- Leadership and Tradeoffs -- The Factory Physics Approach -- Chapter 3 Practical Science for Leaders -- Knowledge and Science -- Practical Theory -- Putting Practical Science to Practice -- Chapter 4 Practical Math for Managers -- Defining Terms -- Modeling Stocks -- Modeling Flows -- Effect of Variability -- Total Cycle Time -- Combining Stocks and Flows -- Conclusions -- Chapter 5 Profit, Cash Flow, and Factory Physics Science -- The Value-Added Fantasy -- Financial Statements and the Science of Operations -- Financial Performance Driven by the Science of Operations -- Marketing and Operations Strategies Drive Financial Results -- Chapter 6 Operations Strategy and Planning -- Operations Strategy -- Information Technology Control and Control Limits -- Factory Physics Sales and Operations Planning -- Chapter 7 Implementing Tactics, Controls, and Measures for Optimal Results -- Demand Tactics and Controls -- Inventory Tactics -- Capacity Tactics -- Response-Time Stratagems -- Predictive Control Using MRP/ERP Systems -- Dynamic Risk-Based Scheduling -- Measures Alignment and Insight -- Chapter 8 Leadership, Measures, and Culture Change -- An Approach to Sustainable Leadership -- A High-Level Plan So That Strategies Can Be Shared and Understood -- Monthly or Quarterly Plans to Establish Prioritized Initiatives -- Weekly Scheduling Meetings to Plan the Work -- Weekly Operations Meetings to Check Progress -- Daily Mechanisms for Feedback -- Personal Plans So That Individuals Understand Their Roles -- Chapter 9 Examples from Industry -- Learning to See--Farther -- Beyond ABC--Optimal Inventory Policies -- Reducing Cycle Times in a Traditional Pharmaceutical Plant -- Restoring Customer Service in a Fabrication and Assembly Plant -- Increasing Throughput in a Biopharmaceutical Facility -- Dynamic Risk-Based Scheduling in the Textile Industry -- Chapter 10 Final Word on Factory Physics Science (for Now) -- Quick Wins -- More Complex Implementations -- A Large Company Implementation -- Alternative Histories -- The Future -- Notes -- Acknowledgments -- Index -- A -- B -- C -- D -- E -- F -- G -- H -- I -- J -- K -- L -- M -- N -- O -- P -- Q -- R -- S -- T -- U -- V -- W -- About the Authors. |
| Language |
English. |
| Subject |
Production management.
|
|
Factory management.
|
|
Production -- Gestion. |
|
Usines -- Direction. |
|
Factory management |
|
Production management |
| Added Author |
Bell, Jeffrey H.
|
|
Spearman, Mark L.
|
| Other Form: |
Print version: Pound, Edward S. Factory physics for managers 9780071822503 (DLC) 2013046378 (OCoLC)857402095 |
| ISBN |
9780071822619 (electronic bk.) |
|
0071822615 (electronic bk.) |
|
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