The Secret to Maximizing Profitability

A Business Novel on How to Successfully Combine The Theory of Constraints, Lean, and Six Sigma to Drive Profit Margins to New Levels

Bob Sproull

• Publisher: Productivity Press
• Year: 2019
• ISBN:
  9781000751789
• Edition: 1
• Topic: Business
• Subtopic: Operations
• Index: Business

This book fully details, as the title suggests, the real secret to maximizing an organization's profitability. While many companies have implemented improvement initiatives such as Six Sigma and Lean Manufacturing, there is a missing link which, when discovered and implemented, will take these same companies to profit levels not seen before. This missing link is the Theory of Constraints, and when it's combined with Lean and Six Sigma, true transformational improvements are sure to follow.

In this book, the author walks you through the step-by-step method on how to combine these three methodologies with the result being significant improvements to flow, major improvements in variation, substantial reductions in waste, superior on-time delivery, and ultimately, maximized profitability. He has been using this integrated methodology for many years and each time, the results realized were well beyond what the leadership teams had experienced previously. The genesis behind this combined improvement cycle is based upon many years of analysis of both failures and successes using Lean, Six Sigma, and the Theory of Constraints as stand-alone improvement initiatives.

By integrating Lean, Six Sigma and the Theory of Constraints into a single improvement cycle, the author has developed a recipe that will maximize your return on investment, cash flow, and net profit. The Secret to Maximizing Profitability is both stimulating and thought provoking, but more importantly it will provide your organization with a roadmap for maximizing the use of your resources to achieve more bottom-line improvement than you ever imagined possible.

Table of contents

• Cover
• Half-Title
• Title
• Copyright
• Contents
• Author
• Introduction
• Chapter 1 The Company Profile
• Chapter 2 The Six Sigma Implementation
• Chapter 3 The Lean Initiative
• Chapter 4 Focus and Leverage
• Chapter 5 More on the Theory of Constraints
• Chapter 6 The New Improvement Journey
• Chapter 7 The New Beginning
• Chapter 8 TOC’s Parts Replenishment Solution
• Chapter 9 Planning and Scheduling
• Chapter 10 Combining TOC, Lean, and Six Sigma
• Chapter 11 The Deliverables of the Ultimate Improvement Cycle
• Chapter 12 The Logical Thinking Processes
• Chapter 13 The Goal Tree Improvement Initiative
• Chapter 14 The Strategic Plan
• Chapter 15 The Next Step
• Chapter 16 The New Direction
• Chapter 17 TOC Replenishment Solution
• Chapter 18 The Goal Tree
• Chapter 19 The Ultimate Improvement Cycle
• Chapter 20 The Portfolio Effort
• Index