8 Manufacturers Can Boost Productivity
Regardless of the size of your business, continuous improvement in productivity is essential to enhancing gross profits and maintaining competitiveness. Productivity on the machine shop floor depends on a combination of efficient employees, equipment and processes. Continuous improvement in all of these areas involves examining the current practices in place and making adjustments to systems, employee training and even the equipment used to generate parts and components.
The first step is all about identifying pain points in your current workflow. Analyze the people, technology and processes required for production as well as the procedures, communication tools and resources available across the company. Consider using value mapping as a way of identifying and monitoring projects for continuous improvement; this strategy enables managers to pinpoint issues and record how changes impact the overall system.