1<!DOCTYPE html>
2
3Anonymous
4/bestp
5/bestp/domrep.nsf
6CF4D224CE7F6F1F085256FF80054BEA9
8
9
10
11
12
13
140
15
16
17/bestp/domrep.nsf/products/benchmarks-for-excellence-in-manufacturing-operations?opendocument
18
19opendocument
2018.205.176.100
21
22
23www.best-in-class.com
24/bestp/domrep.nsf
25DB




Products & Services Business Operations Manufacturing Industrial Custom Manufacturing

Benchmarks for Excellence in Manufacturing Operations

DB Image

ID: 4805


Features:

Metrics


Pages/Slides: 52


Published: Pre-2014


Delivery Format: Online PDF Document


 

License Options:
close

Single User: Authorizes use by the person who places the order or for whom the order was placed.

Sitewide: Authorizes use of the report for a geographic site. All people at site can view the report for a year and copies can be printed.

Corporate: Authorizes use for the entire company for a year and copies can be printed. No limitations for usage inside the company.




Buy Now

 

919-403-0251

  • STUDY OVERVIEW
  • BENCHMARK CLASS
  • BROWSE SELECTED PAGES
  • SPECIAL OFFER
Non-members: Click here to sign-up for a complimentary tour of
"Benchmarks for Excellence in Manufacturing Operations"



Study Overview
Government regulations and cost pressures are forcing many companies across industries to evaluate and refine manufacturing processes. In this quest to do more and better with less, companies look for benchmarks to gauge their own progress and set appropriate goals. Benchmarks become answers to common questions, such as: how many of "product x" do competitors produce, and with what resources and strategy and at what costs? This research will benefit manufacturing leaders who are responsible for sourcing, production, distribution and delivery.

Key Metrics
This data-rich presentation covers production, sourcing and distribution/delivery across a range of manufacturing functions for 16 products at 15 companies. A unique aspect of the study is its segmented comparison of FDA-regulated versus non-FDA-regulated companies for the following metrics:

  • First pass yield rates
  • Final yield rates
  • Extent of automation
  • Equipment effectiveness scores
  • Change in production cycle time
  • Number of inventory turns
  • Average lead time for delivery
  • Average and top quartile perfect order scores
  • % of workforce that is direct labor
  • # of base products manufactured
  • # of stock keeping units per product manufactured
  • % of participation in self-directed work teams
  • % of base product materials by lead time for receipt at plants
  • Methods of ordering base product materials
  • Sourcing origin for key product

Other cost metrics in this presentation include: overhead cost and cost as a % of total sales.

Also featured are strategies used that had the greatest impact on the company over the past three years with the greatest perceived potential impact over the next three years.

Key Findings
One key finding is that a majority of the benchmark class companies realized production cost reductions of up to 5% between 2003-03 and 2003-04. The FDA segment experienced fewer cost reductions compared to the rest of the benchmark class. By contrast, the FDA-regulated segment achieved lower costs for facilities and distribution (as a % of total sales) compared to the benchmark class.

Methodology
This research originated from Best Practices, LLC's Business Excellence Board and its Research and Consulting services.

Industries Profiled:
Distribution; Manufacturing; Aerospace; Chemical; Pharmaceutical; Automobile; Transportation; Medical Device; Health Care


Companies Profiled:
Access Business Group; Nordic Ware; AVCORP; RALLIS; Cardinal Health; RECKITT BENCKISER; Dana Corporation; Tuff Toro; Draeger Medical; Sunny Fresh; Festo Controls; LifeScan; Medrad; Medtronic; Pactiv

Browse Selected Pages
Click on an image below to see the full PDF version


Cover Page

Participating Companies

Study Overview

If you purchase Best Practice Database document(s), you will have 30 days from the date of purchase to apply some or all of the cost of the document(s) toward the cost of a Full Access Individual, Pharma, Group or University Membership. Write us at DatabaseTeam@bestpracticesllc.com or call David Guinn at 919-767-9179 if you have any questions.