Theory of Constraints (TOC) and Overall Equipment Effectiveness (OEE)
Bill Waddell, Lean manufacturing expert with over 30 years of experience and co-author of “Simple Excellence: Organizing and Aligning the Management Team in a Lean Transformation,” discusses the benefits of pairing Theory of Constraints (TOC) with Overall Equipment Effectiveness (OEE). TOC focuses on determining the bottleneck on the overall performance of the process. It is [...]