hi there, can anyone mail me a format to measure productivity in a manufacturing unit on khairnarmanish73@gmail.comanybody
From India, Mumbai
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From India, Mumbai
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Dear Manish,
While writing your post, make sure to provide complete information such as whether you are a student or a professional, whether you are from HR or any other function, and why the query was raised, etc.
Measures of productivity in the manufacturing sector vary from one company to another. A capital-intensive steel plant cannot be compared with a small-scale plastic items manufacturing unit.
Productivity measures are based on both human and machine productivity. Therefore, measures include output per person or per ton/quintal, equipment utilization, equipment availability, scrap generated, rejection percentage, time spent on settling quality issues, etc.
In manufacturing units, the measurement of the following costs is crucial:
a) Inventory Carrying Cost of Raw Materials
b) Work in Progress (WIP) Inventory Costs
c) Inventory Carrying Cost of Finished Goods
d) Capital costs to run the operations
e) Capacity costs
f) Maintenance costs
g) Quality costs
h) Inspection costs
i) Ordering costs
The measurement of costs is another way to measure productivity. For more information, you may refer to the following link:
[7 Wastes Muda Article on the Seven Wastes of Lean Manufacturing](http://www.emsstrategies.com/dm090203article2.html)
Thanks,
Dinesh Divekar
From India, Bangalore
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8227While writing your post, make sure to provide complete information such as whether you are a student or a professional, whether you are from HR or any other function, and why the query was raised, etc.
Measures of productivity in the manufacturing sector vary from one company to another. A capital-intensive steel plant cannot be compared with a small-scale plastic items manufacturing unit.
Productivity measures are based on both human and machine productivity. Therefore, measures include output per person or per ton/quintal, equipment utilization, equipment availability, scrap generated, rejection percentage, time spent on settling quality issues, etc.
In manufacturing units, the measurement of the following costs is crucial:
a) Inventory Carrying Cost of Raw Materials
b) Work in Progress (WIP) Inventory Costs
c) Inventory Carrying Cost of Finished Goods
d) Capital costs to run the operations
e) Capacity costs
f) Maintenance costs
g) Quality costs
h) Inspection costs
i) Ordering costs
The measurement of costs is another way to measure productivity. For more information, you may refer to the following link:
[7 Wastes Muda Article on the Seven Wastes of Lean Manufacturing](http://www.emsstrategies.com/dm090203article2.html)
Thanks,
Dinesh Divekar
From India, Bangalore
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