Certificate in TOC Performance Metrics: KPI Mastery
-- ViewingNowThe Certificate in TOC Performance Metrics: KPI Mastery is a comprehensive course that equips learners with essential skills in mastering throughput accounting and critical chain project management. This certification emphasizes the importance of Theory of Constraints (TOC) performance metrics, which are highly sought after in various industries.
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⢠Introduction to TOC Performance Metrics:
Understanding the basics of Theory of Constraints (TOC) and how performance metrics, particularly KPIs, are used to measure and improve organizational efficiency.
⢠Selecting Relevant KPIs:
Identifying the most crucial Key Performance Indicators (KPIs) for your organization, aligned with TOC principles, to monitor and manage performance effectively.
⢠Throughput Accounting:
An overview of Throughput Accounting as an alternative to traditional cost accounting, emphasizing the importance of flow efficiency and constraint management.
⢠Critical Chain Project Management:
Understanding the principles and practices of Critical Chain Project Management, a TOC-based project management approach that focuses on minimizing project duration and maximizing resource utilization.
⢠Drum-Buffer-Rope System:
Learn the Drum-Buffer-Rope (DBR) system, a production planning and control methodology designed to manage and optimize the flow of materials and information in a production environment.
⢠Buffer Management:
Explore the importance of buffer management in TOC, the role of buffers in absorbing variability, and techniques to monitor and maintain optimal buffer sizes.
⢠Performance Measurement and Improvement:
Analyzing and interpreting TOC performance metrics, establishing performance targets, and implementing continuous improvement strategies to drive organizational success.
⢠Change Management and Alignment:
Understanding the role of change management in successful TOC implementation, and how to align KPIs with organizational objectives, culture, and values.
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