Rate Measure
As411.com Looks at Measuring Manufacturing Performance
There are a number of costs that have nothing to do with productivity that may be out of control during the month. For thirty years Optimation® has been the world leader in Part Nesting for Optimized Material and Labor utilization. Consistently providing product advancement leadership to industry, the company’s new Nesting Technology, AxiomVE make previous nesting methods obsolete. The new technology, Vision Emulation™, allows the system to “see” the shape of parts, just as human eyes would view them. When a person looks at a part, they see the whole shape and any special features on the part. This information is then used to determine if the part will fit in an area of the nest. Vision Emulation eliminates excessive trial and error as well as excessive rotation.
Measuring Manufacturing Performance: How Each Part Contributes to Profitability is the title of a feature article authored by manufacturing journalist, Thomas R. Cutler. Appearing in Accounting Software 411 (http://www.accountingsoftware411.com/Press/PressDocView.aspx?docid=10048), Cutler suggested, “The cost of measuring manufacturing performance is a vital element to bottom-line profitability, yet too often secondary standards have mislead CFO’s and caused many wrong decisions.”
According to Michael D. Lundy P.E. and President of Blue Springs, Missouri-based, Optimation, “The most important standard is to know how each part produced contributes to the profitability of the company.” All businesses make measurements which are intended to tell management about the performance and health of the business. Often these measurements are secondary standards such as square feet produced, tons shipped, contracts signed, or units shipped. CFO’s and Finance Managers use these measurements with a false sense of security that they are actually managing the company well. Too often one can hear a manager say, “I do not understand why profits are down…the measurement of ‘X’ indicated that we would have a good month.”
The measurement in question was not designed to reflect the profitability of the company which is the reason for this confusion. One metric frequently measure is pieces-per-hour, a rate measurement designed to measure efficiency of a machine or group of machines. Lundy asserts, “There are many reasons why an increase in pieces-per-hour may not cause an increase in profit. The first is the sales price and therefore contribution may be lower for the product mix produced during the month. Another is that raw material may cost more.”
Optimation offers benchmarking against any other method of part nesting; recent benchmarks have show improvements up to 15% in material efficiency alone. As lean efficiencies are essential, the most advanced nesting technology guarantees the most important parts are always nested in the next available machine, providing advanced information to integrated costing, labor reporting, and material inventory systems. Because Optimation is strong financially and has the most advanced technology; the company offers direct financing from its own capital resources.
Optimation
Michael D Lundy P.E.
877-827-2100
|
|
EatSmart Precision Pro – Multifunction Digital Kitchen Scale w/ Extra Large LCD and 11 Lb. Capacity The EatSmart Precision Pro Digital Kitchen Scale is a versatile multifunction home appliance. Designed to be highly accurate and aesthetically pleasing, the Precision Pro is manufactured to the highest quality specifications. Weigh items up to 11 lbs quickly and accurately, with results displayed in four different units: grams / ounces / pounds / kilograms. For cooks – Weigh food items directly on… |
|
|
HM Digital TDS-EZ Meter/Tester, Water/ppm/Purity/Filter $47.50 Factory Calibrated: our meters are calibrated with a 342 ppm NaCl solution. Meters can be recalibrated with a mini-screwdriver. Fun, translucent blue housing that’s very strong and durable. Includes a TDS chart sticker on the back of the meter that explains TDS values. Measurement Range: 0-9990 ppm. From 0-999 ppm, the resolution is in increments of 1ppm. From 1000 to 9990 ppm, the resolution i… |
|
|
Escali Primo Digital Multifunctional Scale $29.95 Accurately measures in .01 oz or 1 gram increments. 11-lb. or 5 kg maximum weight limit…. |
|
|
Special K Cereal, Red Berries, 16.7-Ounce Boxes (Pack of 4) $13.70 … |
|
|
Dual Drive Pro Biofeedback Game for Wild Divine $119.75 Relax to Win as you accelerate & control your car through incredible 3D graphical scenes. Dual Drive Pro teaches you relaxation and optimal breathing techniques. When you learn and practice these techniques in Dual Drive you can see your heart rate changes and relaxation (optimal HRV) levels. This gives you important feedback as to how well you are breathing and how relaxed you are. While playing … |
|
|
LaCie Rugged All-Terrain 500 GB FireWire 800/ FireWire 400/USB 2.0 Portable External Hard Drive 301371 $110.00 All those videos ready to be downloaded but so little available space. Fear not, LaCie 301371 Rugged 500 GB External Hard Drive is here. At under 12 ounces, and nearly pocket size, it’s hard to believe that the external LaCie 301371 Rugged 500 GB USB 2.0 / FireWire Hard Drive has space for so much data storage. With specially designed rugged protection, this drive is at home with your desktop or n… |
|
|
Belkin Conserve Insight F7C005q Energy-Use Monitor $29.99 Find out how much energy your devices really use. The Belkin Conserve Insight Energy Monitor lets you to understand the impact of your energy use on your electric bill – and on the environment. See at a glance the cost of operation, watts, and the amount of carbon dioxide associated with the electricity consumed. Plug this device into a three-prong grounded wall outlet, plug your electrical produc… |
|
|
Apple Time Capsule MC344LL/A 2TB [OLD VERSION] $375.00 Back up a lifetime s worth of memories with the Time Capsule, a wireless hard drive that works seamlessly with Time Machine in Mac OS X Leopard. Its also a full-featured 802.11n Wi-Fi base station with simultaneous dual-band support. Time Capsule, 2TB CD with AirPort Utility (Mac and Windows), AirPort Disk Utility for Mac OS X v10.4 and Windows, 802.11n Enabler for Mac OS X v10.4, and Bonjour for … |
|
|
Plantronics Savi GO WG100/B – Headset ( convertible ) – wireless – Bluetooth 2.1 $224.15 The Plantronics Savi Go is a bluetooth headset that connects to your mobile phone. Call answer/end/volume adjust and mute controls all on one button…. |
|
|
Bosch DLR130K Digital Distance Measurer Kit $99.00 Utilizing precision laser technology, the Bosch DLR130K Digital Distance Measurer Kit provides fast, easy, and accurate measurements every time you use it. Pocket sized for easy portability, this handy tool offers length, area, and volume measurements in inches, feet and inches, decimal feet, and metric units.The DLR130K DigitalDistance Measurer Kit At a Glance:Precision laser measuring technology… |