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Boosting productivity remains one of the main goals of any manufacturing organization.
Traditionally measured as the total units of output per unit of input, productivity represents the amount of useful work produced for the effort put in.When it comes to manufacturing, productivity is the total sum of the various number of factors, including employee efficiency, equipment, and process efficiency.
Before you try and increase the levels of productivity at your manufacturing floor, it is essential to follow these steps and figure out where improvements take place.Getting the Definition of Productivity RightProductivity is not about how much you pay your labour; it is about how much the labour gives back to you for what you pay them.
Therefore, the focus on labour costs per product when calculating productivity.An efficient productivity calculation should be able to tell you your ability to take raw material and churn out useful products, and not a set of costs related to a single part of the process.The formula to measure productivity remains as simple as this-Productivity= (total output units)/(total input units)Get Multifactor Productivity into the PictureInstead of focusing on productivity as a single concept, divide it into factors that affect the process.
For instance, consider a plant that produces motors, plant productivity is the total sum of the raw materials productivity, labour productivity, and capital productivity.A plant productivity index that focuses on more than one factor is bound to give you the bigger picture and deliver more scope for improvement of productivity.Try Not to Overlook Crucial Parts of the ProcessWhile calculating plant productivity, we often tend to forget two significant factors.
Measuring the unmeasurable, in some respects, thus becomes essential when calculating plant productivity.Time is a crucial aspect of productivity.