Performance Improvement of Jute Industries using Theory of Constraints (TOC)

ABSTRACT

Performance improvement of jute industries by applying TOC has been carried out in this research work. The main objective of this research is to improve the productivity and Return on investment (ROI) of jute industries in Bangladesh by proper synchronization of Drum-Buffer-Rope scheduling associated with thinking process and throughput accounting. The bottleneck is identified as the main constraint of the production line. At the same time proper standardization of components and reduction of time has been set up to eliminate bottleneck & maximize the throughput by using the constraints and non-constraints resources. The solution of this constraint identified has shown in two different point of view that is operational measures & financial measures. The implementation of TOC results in managing inventory, work in process and delay on delivery time. Thus it ensures 0.3% increase in the Return on Investment (ROI) and the quality products due to better control over operation of constraint resources.

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Updated: June 12, 2018 — 10:15 am

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