Productivity
Productivity signifies a level of performance that optimises companies' processes to achieve the highest amount of output from using the least amount of input.
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Asset & Equipment Efficiency
A company's ability to maximise the utility of assets and equipment that are used for production in its factory or plant.
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Inventory Efficiency
The level of optimised production to minimise the average volume of inventory required and hence, costs of excess inventory storage.
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Utilities Efficiency
The amount of energy and water consumed, and emissions and waste produced by manufacturing operations.
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Workforce Efficiency
The improvement in labour productivity by reducing the man-hours spent per task.
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Material Efficiency
The measure of the company’s efforts in optimising the usage of raw materials in its production process.
Quality
Quality reflects a company's desire to prevent defects in its products during manufacturing and delivery to customers.
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Process Quality
A company's ability to maintain optimal performance of its manufacturing processes, minimising deviations and irregularities from intended conditions.
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Product Quality
A company's ability to ensure that the percentage of defective products remains low.
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Safety & Security
Safe and secured working environments help to minimise health and safety incidents and security breaches.
Speed & Flexibility
Speed enables companies to shorten product life cycles, maximise sales and flexibility allows companies to adapt quickly to changing business conditions and demands.
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Planning & Scheduling Effectiveness
A company's ability to respond quickly to changes in market demand and supply.
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Production Flexibility
A company's ability to augment its production easily while incurring low cost.
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Workforce Flexibility
The ability of a company’s workforce to perform a variety of different job functions.
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Time to Market
The length of time needed from developing a product to launching it in the market.
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Time to Delivery
The length of time needed from starting a project to delivering the products to customers.