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Improve Production Efficiency for Less Business Expense

November 17, 2020
3 mins reading

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For less business spending, improving production efficiency at a manufacturing company is surprisingly also pretty easy to do. Find our compact guide here.

Like any other company, manufacturing plants can also benefit better from improved production efficiency. But first, what does it mean?

Sometimes also referred to as productive efficiency, the production efficiency calls into play entire operational processes at maximum capacity. Each manufacturing company assesses what such a definition means to them based on its unique needs and objectives. The question is: how to do that?

1. Brush Up Business Processes

Look back to those steps performed by your company to accomplish a particular concrete goal. Even when they’re efficient, those business processes in the past may not always work out following the time change and technology advancement. Consider challenging this status quo by discovering any areas that can be redefined, reorganized, and eliminated.

2. Assess Production Line

Improved production efficiency also means a revamped production line. This can be done through measurements of capacity utilization and average produced unit numbers in a prescribed period. Doing this allows you to line up issues that are possibly interfering with machines’ work, all the while comprehending how costly your equipment downtime is.

3. Use Available Technologies to Its Full Potential

Improved production efficiency doesn’t necessarily mean having all the newest and most expensive machines on deck. Instead, focus on what your manufacturing plant already has and understand ways to use its technology up to its maximum potential. If you need to invest in new machines, supply your team with the most efficient and high-quality ones.

Also Read: Avoid Unexpected Downtime and Costs with Preventive Maintenance

4. Spot Production Bottlenecks

Bottlenecks may not be super impactful, but it can get annoying when not handled for a long time. Perhaps engineers have become slower on responses, or programs have been waiting for upgrades since last month. Maybe important documents haven’t been signed yet by upper management. Whatever the bottlenecks are, the key here is not to underestimate its size. Start thinking outside the box!

5. Define and Reduce Waste

Material waste from manufacturing plants is commonly enormous and too costly. With fewer costs, start reducing this waste by reusing or recycling them and converting to environment-friendly material in product packaging. Other types of waste, like ineffective systems, wasted labor efforts, and micro-management, are also essential to note. The bottom line is that waste is variable, and you need thorough inspections to find them.

6. Recycle

Speaking of recycling, you can take advantage of your well-equipped facility to put any material scraps or leftovers back into the production process. To do this, arrange a system to assist your team in sorting the waste first. If doing any of these is impossible, you can always sell those scraps to a recycling facility instead.

Also Read: Lean Manufacturing: Eliminate Waste and Cut Operational Cost

7. Organize

Keeping your manufacturing company in order is pretty vital in contributing to its production efficiency. See if hand tools are easily accessible by staff or if stockroom associates have difficulties keeping track of the goods. Rather than wasting time searching for a particular thing, streamline any disorganized and complicated systems and invest in supplies that promote a better organization.

8. Polish Training Processes

Employee training isn’t a one-time thing. In an industry as dynamic as a manufacturing plant, it’s more of an ongoing process that requires them to stay up-to-date with the latest equipment, operating procedures, and safety risks. Standardized training processes ensure production processes are going more smoothly.

Use Nimbly

Usually, it takes forever for managers and business owners to sort through and review their employees’ reports on what’s happening in their manufacturing plant. Instead of sticking to old-fashioned paper reports, why not switch to Nimbly, which can digitize everything into real-time insights and data?

A modern software solution like Nimbly is what an easy audit should be. From smartphones, managers only need to build a simple questionnaire before employees provide feedback. Issues that may ensue at work—including inventory management—can all be tracked and monitored in an instant. Nimbly presents all kinds of digitized reporting at its finest!

Nimbly features that will help operations manager: digital questionnaire, issue tracker, and real-time dashboard.

Summary

For less expense, you can improve production efficiency at your manufacturing company by first brushing up on your business processes and assessing the production line. Small but impactful actions include spotting bottlenecks, reducing waste, and organizing. Don’t forget to keep training processes standardized and educate employees on utilizing technologies to their full potential.

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