Due to widespread outsourcing of production activities, tremendous pressure has been put on manufacturing managers to be cost competitive and offer unique customer value. This pressure has intensified the need to produce quality products that are delivered on time, at a competitive price, and with excellent customer service. To accomplish this, manufacturing leaders must establish production schedules, optimum work flows, effective maintenance procedures, and continuous improvement programs that will keep the organization moving forward.
APQC created our popular Manufacturing Tune-Up Diagnostic and Interactive Manufacturing Tune-Up Diagnostic to help organizations find out if its manufacturing function is running smoothly. Both tools have been updated for 2015 with fresh data from our Open Standards Benchmarking in manufacturing.
The Manufacturing Tune-Up provides data and descriptions for four essential manufacturing metrics:
- total cost to manufacture per $1,000 revenue,
- value of plant shipments per employee,
- unplanned machine downtime as a percentage of scheduled run time, and
- primary product manufacturing cycle time in hours.
The Interactive Manufacturing Tune-Up Diagnostic is a spreadsheet that allows you to input your organization’s performance on those metrics and compare it to that of the organizations in the Open Standards Benchmarking data. It even color codes your input to quickly give you an idea of where your organization can improve.