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Money > Business Headlines > Report April 16, 2001 |
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SISL, Goldratt institute offer TOC consulting in IndiaThe management consulting practice at Siemens Information Systems Ltd has entered into a partnership agreement with Avraham Goldratt Institute of USA to bring to India the Theory of Constraints. The Theory of Constraints propounded by Eilyahu Goldratt provides a practical framework for managing enterprises with a holistic and focused approach and does away with conflicts between local operating level decisions and global company objectives and goals. The tie-up with AGI, the world leader in TOC consulting will provide generic solutions for manufacturing, projects and supply chain management as well as sales and management accounting. Speaking to the media, director of SISL, A S Viswanathan said, "This partnership will bring the value of Goldratt's extraordinary contributions to management science through the deep-rooted and long presence of Siemens in India." Kathryn Leishman of AGI added, "This tie-up gives us a platform where instead of working with one individual consultant at a time, we are working with a large organisation and hence are able to reach out to a larger audience and also much faster." TOC brings in the powerful 'five focusing step' methodology to identify the constraint in the company and systematically attack the associated problems. The result is dramatic improvements of throughput (or contribution) and customer order due date performance, and inventory reduction. It has been implemented successfully in hundreds of companies abroad, including Boeing. Industry derives a host of advantages while implementing TOC. Besides creating an excellent work environment and motivating employees, it also focuses the company's investment in initiatives such as TQM, TPM, ERP, SCM and CRM. SISL, a wholly owned subsidiary of Siemens, is one of the foremost names in information technology in India. |
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