Supply Chain Glossary

Theory of Constraints

Definition
A management philosophy focusing on identifying and addressing the key constraint(s) limiting a system’s performance to improve outcomes.


Learn more about Theory of Constraints

Top summer reads: 6 unconventional books with supply chain lessons
Inspiration and innovation can come from many places, and these non-supply chains books can provide just that for supply chain professionals.
Maximizing Technology ROI in the New Digital Retail World
In this webinar, top supply chain excellence expert, Peter Bolstorff, Executive Vice President, APICS, will discuss 3 ideas to accelerate readiness to compete in a digital retail, omni-channel platform.
Slow Moving and (Obsolete) Inventory Investment
Cloud-based systems are supposed to reduce implementation and operating costs. But, what happens if your organization is still depreciating your old ERP while migrating to the new?
Special Educational Events Staged Next Week for Supply Chain Managers
MIT and UT to hold executive summits
World-Renowned Expert in Theory of Constraints to Speak at UT June 24
An internationally recognized expert on how businesses can resolve complex management dilemmas and increase profitability by removing organizational constraints will speak at the University of Tennessee, Knoxville, on Monday, June 24.
UT Faculty on Cutting Edge of Supply Chain Management Research
The faculty at the University of Tennessee, Knoxville, College of Business Administration, are on the cutting edge of supply chain research and have several books in the works that demonstrate their expertise.
 
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