Operations help - QRM / TOC in low-volume / high-mix manufacturing
August 08, 2019
by a searcher from Northwestern University - Kellogg School of Management in Tampa, FL, USA
Does anyone have experience implementing either quick response manufacturing or theory of constraints in a low-volume / high-mix or make-to-order manufacturing environment?
from University of Pennsylvania in Chicago, IL, USA
from The University of Chicago in Milwaukee, WI, USA
Lead time reduction will reduce the working capital and make the operation more flexible to mix changes. Consider starting with a Value Stream Map to understand your current state. Where does flow stop? What % of your lead time is actually comprised of value-add activities?
Hope this helps. Happy to discuss more if you would like to connect.