Inventory Management for Power Tiller Using TOC Technique

The cost-effective management of spare parts is essential for manufacturing and service companies. Production and inventory management are crucial components in improving these manufacturing processes, and as a result, a variety of information systems, such as Material Requirements Planning (MRP) and Enterprise Resource Planning (ERP), have been developed. Goldratt developed a proposal for the management of operations and production in the latter part of 1984. The Theory of Constraints (TOC), as it is currently known, provides a consistent management approach for managing the organization. Theory of Constraints is a key to identify Constraints or Bottleneck and then eliminates or rejects. This study consists of implementation of TOC method, is done for inventory management through buffer penetration sheet. Buffer penetration sheet consists of colour coding scheme through which daily coverage of parts can be easily recognized. It is easy and simple to understand and operate.