Target Profitability is based on the combined performance of the manufacturing resources. In order to aim to a higher level of improvement, assessing manufacturing resources utilization is the key component to exceed level of improvement beyond expectations.
VSM put the focus on materials and information flow which represents around 20% of the improvement but the productivity is a result of the combined performance of all manufacturing resources (direct manpower, machines/tools, Materials, Methods and Space). Keeping in mind, budgeted cost is based on the performance of the manufacturing resources as well. In order to aim to a higher level of improvement, assessing manufacturing resources becomes an important component of the improvement plan.
Assessing manufacturing resources is crucial and serve as an important key to maximize the utilization of the manufacturing resources result in higher productivity and less inventories or WIP. This course clarifies the techniques behind the assessment tools used to analyze the current state of all manufacturing resources from dock to dock through the manufacturing chain. It leads to identify the roadblocks and its causes then to the design of new concepts for eliminating current roadblocks.
