You can’t manage what you don’t measure, and as production is the heart of your business, that’s a great reason to measure your production effectively.
The key production measurement criteria are utilization, run time, lost time, down time and throughput rate. There are more but with these you have access to 90% of what you need to know about your production performance. This measurement can be applied to a single work centre or to complete line.
Access to and the visibility of the measure is important. It is one thing to measure your production, but then its another to use the information effectively. The aim to improve production performance. Now that you can measure it, you have to manage it.
Often third party impartial consultants are preferred to validate and implement production improvements at a plant.
Remember that a non-bottleneck work centre that performs fantastically compared to the actual bottleneck work centre will not improve overall production, only increase work in progress.