Total Cycle Time ( TCT ) is the combined effect of the cycle times of all business processes from the time a need exists until it is satisfied. More simply, it is the total time it takes to get things done, to bring a new product from concept to cost-effective production or to take an order for a product or service and satisfy the customer's need.
These are not just sequential processes but are all concurrent and sequential processes involved in running a competitive business. Frequently the cycle times of these processes are rolled up into one or more measures to be used as the primary drivers of competitiveness improvement.
The need to move quickly in today’s environment is critical, responsiveness is only one aspect of being competitive. In a short cycle time environment, there is no room for non-value added activities. All such activities need to be eliminated to reach the shortest possible cycle time. Similarly, a short cycle time process has no room for rework–it must be right the first time.
An understanding of the conditions surrounding fast processing (short cycle time) compared with slow processing can be obtained from an analysis of the shortest and longest cycle times.
Requirements for accelerating positive Total Cycle Time change include:
The Total Cycle Time conceptual framework is based on experience. The fact that TCT reduction drives improved responsiveness and accelerated results at minimum resources has been verified many times by proving that the rate of improvement in a process is heavily dependent on the cycle time of the process because of Cycles of Learning ®.
Thomas Group believes TCT is more than driving down cycle time through process change; it is also a systematic process for culture change, which is necessary to achieve lasting results. A Thomas Group TCT program provides a continuous set of interconnected, managed projects that are driven by Thomas Group and the client’s top management together. It is a partnership where each partner contributes to the solution of problems.