It is important to consider whether or not a piece of equipment is operating at its full potential. Could a machine be operating for longer periods of time? Are there any errors that could be avoided to reduce unexpected or scheduled downtime? Whenever a machine is out of service, it takes away from the time that it could be producing goods. Hence, manufacturers should avoid downtime, or have a way to monitor when downtime is needed.
Being the heart of most production costs, it is crucial to adequately manage the usage of materials to ensure the flow of production isn’t reduced, or spare materials are not wasted. It is also important to ensure that materials are being manufactured properly and efficiently to reduce scrap.
Labor & Personnal
Being the main operators in a manufacturing environment, laborers contribute greatly towards production capacity. It is important to balance the number of laborers appropriately with the number of tasks. Too few results in delayed production, whereas too many increase your wage cost. Just ensure that there are enough personnel working to ensure operations move forward, and any problems are dealt with accordingly.