The Importance of Utilization Data
In manufacturing, time is money.
There are costs that a factory must pay, simply to be in business βwhether you're making product or notβlabor, rent, utilities, raw material, etc.
If you're not offsetting those costs by producing parts to be sold, you're losing money. This is why machine utilization is so important, and in this section, we'll outline several projects you can execute to increase utilization. Before you get started, learn how you can use actually use utilization data to justify a project before you put time & money into it.
Use Utilization Data to Justify CI ProjectsHow to Prioritize and Execute Your CI Projects
How To Get Started With Downtime Labeling
How to make data driven decisions
Have data but unsure how to utilize it? Don't worry, we're here to help.
Whether you need to justify additional equipment or new hires, respond swiftly to machine downtime, enhance your standards, or generally address capacity issues, this guide is for you.
Refer to the guide below from our Continuous Improvement Specialists! They assist customers like you in leveraging data to operate more efficiently.
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Strategic Leaders
Owner - President - VPs - GM - Finance - Accounting
New Video! Improve Production Capacity
New Video! Optimize Standards for Better Job Quoting
Justify More Labor/Increase Labor Efficiency
Improve Sales & Make Better Supply Chain Decisions
Tactical Managers
Eng Managers - Director of Ops - Scheduling/Planning
New Video! Mastering Stakeholder Buy-In
New Video! Improve Paid Labor Utilization
Conduct a SMED Event to Reduce Setup Times
Operational Members
Supervisors - Team Leads - Operators - Engineers
New Video! Meet OTD Targets
New Video! Stay Ahead of Production Issues
Improve Late Starts/Early Stops
Restructure Breaks/Lunches and Scheduled Meetings