Theory of Constraints – Strategy for Continuous Improvement
Since the evolution of various process improvement methodologies through the domain of industrial engineering
in order to make the industries / service sector capable enough to compete with their counterpart in the global market,
Continuous Improvement is a word which has been used several times. To improve continuously in order to earn more and
more profit is the prime concern of every organization. No organization is capable enough so that it can earn infinite profit.
It means that every organization / system has at least one weak link / element which prevents it to make the highest return on
investment. This paper describes the use of Theory of Constraints as a strategy for continuous improvement.
Keywords - Process Improvement, Continuous Improvement, Theory of Constraints, Drum-Buffer-Rope