What did you expect? Benchmarking & Decisions – for better or worse I recognize that benchmarking is not a new concept. In business, we have learned to appreciate the value of benchmarking at the “macro level” through our deliberate attempts to establish a relative measure of performance, improvement, and even for competitor analysis. Advertisers often use benchmarking as an integral component of their marketing strategy. […]
What did you expect? Benchmarking and Decisions – for better or worse.
OEE and Capacity Management
Capacity – Available or Required? From a scheduling perspective it is very easy to determine how much capacity (or time) will be required to manufacture a minimum quantity of parts. However, it is not just a matter of multiplying the Standard Cycle Time by the Quantity of Parts and dividing by the part or process OEE %. As you may recall, the availability component of […]