Influence of Theory of Constraints on Optimizing Supply Chain Management in the USA
Ibironke Olayemi Iyanda and
Apanisile Temitope Samuel
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Ibironke Olayemi Iyanda: Purdue University, Indianapolis
Apanisile Temitope Samuel: ESPAM Formation University Cotonou, Faculty of Business Administration
International Journal of Research and Innovation in Social Science, 2024, vol. 8, issue 5, 63-75
Abstract:
This study investigates the impact of applying the Thinking Process within the Theory of Constraints framework on supply chain management practices in the USA. Through a mixed-methods research approach, qualitative interviews and quantitative surveys were conducted to gather insights from supply chain professionals across various industries. Qualitative analysis revealed themes related to the identification of constraints within the supply chain, the application of Thinking Process methodologies, and the perceived impact on supply chain performance. Participants highlighted the effectiveness of the Thinking Process in problem-solving and decision-making, leading to improvements in efficiency and effectiveness within their supply chains. Quantitative analysis of survey data further supported these findings, indicating a high level of perceived effectiveness of Thinking Process techniques and a significant proportion of respondents identifying supply chain bottlenecks. Based on the study findings, recommendations are provided for organizations to enhance supply chain management practices, including the integration of Thinking Process training, continuous improvement initiatives, collaborative partnerships, and investment in technology. By implementing these recommendations, organizations can capitalize on the benefits of the Thinking Process to optimize supply chain performance and maintain competitiveness in the dynamic business landscape of the USA.
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:bcp:journl:v:8:y:2024:i:5:p:63-75
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