Category Archives: Indirect Costs

Productivity Measurement and Manufacturing KPIs

Productivity is often cited as one of the prime factors in the decisions of multinational companies when it comes to deciding on which plants to strengthen, and which are to be signalled for closure.   So how can we measure and compare productivity and efficiency between manufacturing plants? Continue reading “Productivity Measurement and Manufacturing KPIs” »

8 steps to reduce manufacturing set up times

Set up time is a key hidden cost area. Manufacturing costing systems put great emphasis on individual part costs, but set up times are frequently thrown into a bucket of “general overhead” or idle time.  No customer wants to pay us to setup our machines so here are 8 steps to reduce this source of waste. Continue reading “8 steps to reduce manufacturing set up times” »