Maximizing Profits through Enhanced Production Efficiency!

In today's dynamic manufacturing landscape, the spotlight is firmly on production efficiency, and the key to unlocking unprecedented success lies in understanding and optimizing your production availability - a key part of overall equipment effectiveness along side performance and quality.

Consider this real-life scenario: A production line initially cranking out 50 units in an 8-hour shift at a cost of €30 per product. The Production Manager decides to harness the power of a factory tracker to measure Availability, revealing an initial rate of 65%.

Now here's where the magic happens! After examining downtime causes, the team identified three key culprits: working habits, insufficient maintenance, and lack of logistics. 

Reasons for loss in production efficiency 

Bad Working Habits: Operators skipping machine checks at shift start, ignoring minor error codes, or inconsistent reporting of issues. These behaviours led to longer unplanned halts and missed maintenance cues.

Insufficient Maintenance: Machines running until failure due to reactive rather than proactive servicing. Missing lubrication schedules, expired parts, and outdated maintenance logs were common.

Lack of Logistics: Raw materials not delivered to the machine line on time, or production waiting for packaging due to poor inventory visibility. This caused bottlenecks that no machine efficiency could overcome.

The result after 3 months of improvements?

A remarkable boost in Availability to a whopping 85%. Let's break down the impact.

📉 Before Optimization:

Efficient work time: 8 hours x 65% = 5.2 hours

Daily earnings (pre-costs): 50 pcs x €30 = €1500

📈 After Optimization:

Enhanced work time: 8 hours x 85% = 6.8 hours

Increased production: 50 pcs/8h to 72 pcs/8h

Daily earnings: 73 pcs x €30 = €2160

The Bottom Line: By fine-tuning production availability and addressing downtime issues, the daily earnings skyrocket by €660! Extrapolating this over a month, that's a staggering €13,860 in additional revenue – all achieved by simply understanding availability and tackling downtime head-on.

Pro tip: Knowledge is power, and in the realm of manufacturing, it directly translates to increased profitability. Invest in tracking your production availability with GlobalReader and watch your business thrive!  We have made it so easy for you to test our software. Here’s what customers say about our software:

It’s free. No paid subscription, no trial period.
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