Factory Productivity
Manufacturing industries need to continually optimize factory operations and activities. Productivity and efficiency are two key elements that can measure the effectiveness of equipment, machinery and labor resources. Manufacturing productivity refers to the rate of completion for a specific process.
This can be calculated by dividing manufacturing outputs by manufacturing inputs. Inputs are resources, such as human capital, physical capital, technological ability, raw materials and finances. Output is any final product which can be created by machines, factories, companies and individuals.
Manufacturing productivity can be optimized by achieving the same, or increased output, with fewer inputs. Similarly, efficiency is the production of a good or service, at the same time as minimizing wasted time, materials, and energy.
The most successful factory operations are able to maximize both efficiency and productivity, without compromising on either. Optimizing efficiency and productivity requires close attention and analysis of all the elements of production. Being able to identify the most effective labor resources, the best use of physical resources and raw materials and incorporating the most up-to -date factory technologies will be essential.
The Best Techniques to Improve Overall Productivity Of a Factory
Eliminating waste is a specific measure which can improve efficiency and productivity. Material waste is particularly expensive for manufacturers and techniques such as inline color correction, used in plastics, glass and automotive manufacturing, can reduce waste and unnecessary manual labor, especially during color processes.
Standardizing work tasks can maximize overall efficiency. Creating checklists for each step in the manufacturing process will reduce downtime and identify best practice. Standardization can also streamline employee training and communication with employees.
Capital investment in modern line equipment and technology can also ensure continual improvements in efficiency. Newer equipment translates to improved factory productivity, and also reduced downtime due to repairs and maintenance. This will also effectively streamline factory operations contributing to productivity and ultimately profitability.
Employee training, as to best practices and techniques, is central to improving and maintaining factory productivity. Where employees fully understand the equipment being used, and are able to incorporate a factory operation’s best practices, it is possible to reduce downtime and improve efficiency.
Employees will be better able to better troubleshoot problems, work together and identify effective solutions. When every member of the team understands the processes, they can easily substitute for each other and enhance their understanding of how any manufacturing operation works.
