CYCLE TIME REDUCTION
Looking for a way to reduce your costs and increase your output?
Does delivering your products
better, faster, and cheaper interest you?
Would delivering a quality product in less time than competition
increase sales?
Do you want to be your customer's preferred
supplier?
If YES, you should consider
implementing a plan to reduce cycle time
.
What is Cycle Time?
Cycle time is the time required to complete
a given process. The cycle time required to process a customer order
might start with the customer phone call and end with the order
being shipped in this example. The overall process is made up of
many sub-processes such as order entry, assembly, inspection, packaging,
and shipping. The cumulative cycle time of all of the sub-processes
in your operation determines when you can promise product to your
customer.
What is Cycle Time Reduction?
Cycle Time Reduction is identifying and
implementing more efficient ways to do things. Reducing cycle time
requires eliminating or reducing non-value-added activity, which
is defined as any activity that does not add value to the product.
Examples of non-value- added activity in which cycle time can be
reduced or eliminated include repair due to defects, machine set-up,
inspection, test and schedule delays. Reducing cycle time will have
a significant impact on a company's bottom line when implemented.
What are the benefits of Cycle Time
Reduction?
Reduced costs
Increased throughput
Streamlined processes
Improved communications
Reduced process variability
Schedule integrity
Improved on-time delivery
How can MMEC help implement a Cycle
Time Reduction plan?
MMEC works with you and your team to understand
your business and its processes. Together, we map out your company
processes, investigating new methods and identifying opportunities
for reducing non-value added activity. Once this is complete, the
field engineer helps you create and implement a plan for cycle time
reduction.
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