Average inventory divided by cost of goods sold times 365.
Lean shop floor metrics.
The vorne xl productivity appliance automatically calculates over 100 metrics in real time and makes them available from plant floor to top floor.
While there is a wealth of information online about the implementation of lean manufacturing in traditional continuous flow operations there is very little accurate information regarding it s application to job shops.
Lean continuous improvement organizations make use of daily management systems that are designed so that problems can be quickly identified front line staff are empowered to fix the problems that they can and problems that the front line staff cannot fix are escalated and countermeasures created quickly.
It includes a plant floor scoreboard a fully automated production monitor a plant floor historian and a web based interface for instant real time and historical reports.
Lean manufacturing or lean production is a production method derived from toyota s 1930 operating model the toyota way toyota production system tps the term lean was coined in 1988 by john krafcik and defined in 1996 by james womack and daniel jones to consist of five key principles.
Worker efficiency number of workers observed actually creating value compared to the total.
Let larry fast tackle it for you.
Is to obtain a general idea of the state of the plant using lean manufacturing principles.
Precisely specify value by specific product identify the value stream for each product make value.
Welcome to job shop lean manufacturing.
Take this checklist with easy to use metrics during your shop floor visit to make yourself independent of potentially misleading data given to you by the shop floor staff.
More must have metrics to drive continuous improvement.
Shop floor productivity year over year changes in fixed period costs raw materials cost changes adjusted for the new year s product mix these three measurements clearly assign productivity metrics for which very specific groups are accountable.
Creating realistic job estimates and shop floor accountability metrics is.
Whenever possible measureable and comparable metrics are used.
This is a quicker more visible and more easily understood measure for shop floor projects.
For many inventory reduction initiatives inventory may be measured in physical terms such as the number of bins of parts and equated to days consumption rather than valuing the inventory.
This is the third in a series of articles by larry fast that will address the topic of metrics.
I have created a checklist for a lean visit to a manufacturing shop floor for you to download.
The purpose of this.
Shop floor visit checklist date.