This software extensively examines manufacturing cost metrics to identify the most significant cost savings opportunities in modern facilities. Available in EXE format, it aims to raise awareness of cost-saving possibilities.
I recently had the chance to review "The True Cost of Downtime" by Don Fitchett, a software engineer and co-founder of Business Industrial Network. This comprehensive guide to process mapping production cost is an essential tool for all facilities looking to save money and maximize their efficiency.
The book covers nineteen cost centers with real dollar amounts and examples, exploring manufacturing cost metrics in detail to create awareness of the greatest cost savings opportunities today. Some of the areas covered include bottlenecks, engineering, labor, maintenance, management, outsourcing, overhead, QC, sales expectation, scrap, shipping, startup cost, and tooling.
Aside from providing extensive information and guidance on various cost centers, "The True Cost of Downtime" also contains articles, calculators, a glossary, and numerous references to resources available on the internet. The author encourages the use of this comprehensive guide in conjunction with OEE to realize the greatest return on your Six Sigma and Lean Manufacturing investments.
One major selling point of this software review is the full version, which doesn't come with locks, passwords, or timers. The unique content is completely free, with no strings attached. The large engineering eBook provides an immense repository of knowledge that is useful for anyone interested in the manufacturing process.
To sum up, if you're looking for a reliable and extensive guide that provides you with all the knowledge necessary to maximize your facility's efficiency, I highly recommend "The True Cost of Downtime" by Don Fitchett. It is an excellent resource for anyone involved in manufacturing, and the author's use of a practical approach is refreshing, making it easy to understand and apply.
The book covers nineteen cost centers with real dollar amounts and examples, exploring manufacturing cost metrics in detail to create awareness of the greatest cost savings opportunities today. Some of the areas covered include bottlenecks, engineering, labor, maintenance, management, outsourcing, overhead, QC, sales expectation, scrap, shipping, startup cost, and tooling.
Aside from providing extensive information and guidance on various cost centers, "The True Cost of Downtime" also contains articles, calculators, a glossary, and numerous references to resources available on the internet. The author encourages the use of this comprehensive guide in conjunction with OEE to realize the greatest return on your Six Sigma and Lean Manufacturing investments.
One major selling point of this software review is the full version, which doesn't come with locks, passwords, or timers. The unique content is completely free, with no strings attached. The large engineering eBook provides an immense repository of knowledge that is useful for anyone interested in the manufacturing process.
To sum up, if you're looking for a reliable and extensive guide that provides you with all the knowledge necessary to maximize your facility's efficiency, I highly recommend "The True Cost of Downtime" by Don Fitchett. It is an excellent resource for anyone involved in manufacturing, and the author's use of a practical approach is refreshing, making it easy to understand and apply.
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