Productiity formula
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- This topic has 3 replies, 4 voices, and was last updated 11 years, 1 month ago by
Layla K.
- AuthorPosts
- December 29, 2009 at 4:01 pm #24138
Hello,
I want to find a suitable formula to express productivity at my work place.I need to use in my formula the number of labours, hours spent to bild the products…etc Any help is apprecciated
Thanks.0January 11, 2010 at 2:03 pm #57789I look after 3 things for our shop floor staff
Utilisation
Performance
Effciency
Utilisation is made up of Clocked Hours / Good work produced (Not rework jigs etc etc)
Performance is made up of Act Machining hours / Est machining Hours
Efficiency is Utilisation x Performance showns as a %
Paul0January 20, 2010 at 11:05 pm #57795
Fernando MendezParticipant@Fernando-MendezInclude @Fernando-Mendez in your post and this person will
be notified via email.Hello,I think that you have to determine the OEE= Overall Effectiveness
Efficiency more than the three issues you described below.Regards,
Fer Mendez
Mexico city0January 27, 2010 at 12:09 am #57798
Layla KParticipant@Layla-KInclude @Layla-K in your post and this person will
be notified via email.Hi Tonny,
It is always good to think of productivity in terms of output of goods sold and costs to create those goods. Two very simple formulas that help illustrate:
Total Productivity = Total # of goods sold / Total # of hours worked to produce the goods
It will give you a percentage of Quality goods sold, as you will have waste produced that is not part of productivity.
The second formula address the cost to produce those goods:
Total Cost of Productivity = Cost per hour x Total # of hours
If you think about your productivity not only in terms of output, but the cost of that output – you may find more expensive labor produces more salable goods – or find that no difference is made between your groups of higher or lower paid employees, and this information helps you make informed decisions about your labour force.
Hope that helps a bit in the thinking as you design your full productivity performance metrics.0 - AuthorPosts
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