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Why Some Factories Are More Productive Than Others


Why Some Factories Are More Productive Than Others

The reason for understanding why some factories perform better than others is the same reason that Willie Sutton robbed banks: “That's where the money is.”

Why Some Factories Are More Productive Than Others - HBR Store

A new measuring system called total factor productivity (TFP) was devised to gauge each plant's overall efficiency.

Explaining productivity differences in North Carolina factories

The results suggest five major themes that are shared by the most productive plants: simpler flow of materials through the process, valuing people, attending to ...

What is the difference in productivity between a factory worker in ...

Productivity has increased dramatically since the Industrial Revolution. In 1880, the average factory worker produced about 200 units of ...

What the most productive companies do differently | McKinsey

Manufacturing provides a particularly stark example, where leading firms operate at 5.4 times the productivity of laggards. Academic researchers ...

7 Ways to Increase and Improve Manufacturing Productivity

From enhancing communication to optimizing inventory management to investing in technology, the following tactics will help improve ...

Comparative Factory Productivity

A follow-up question asked for the rate of change of any more gen- eral productivity measure, if any was used. Three other questions asked each plant for more ...

Understanding Manufacturing Productivity - Unleashed Software

Thus a workforce that rushes out twice as many products in the same amount of time is considered more productive – even if those products are so poorly made ...

What Drives Productivity Growth? - U.S. Census Bureau

There are essentially two drivers of industry-level productivity growth: Individual plants become more productive and more productive plants get larger.

Productivity vs Efficiency in Manufacturing - Rhythm Systems

For example, you produced 40% more units in one month than the prior period, but later learned 30% of those units were defective. Though ...

What Makes Companies Like Apple and Google so Productive?

According to Bain & Company, companies like Apple, Netflix, Google, and Dell are 40% more productive than the average company.

Why Does Manufacturing Matter? Which Manufacturing Matters?

However, even after correcting for these factors manufacturing still has higher productivity growth than the private sector as a whole (Box 1).35 As with other ...

Explaining productivity differences in North Carolina factories

... why some factories are more productive than others. Six distinct measures of productivity are used as independent variables in the regression analyses reported.

Why Some Factories Show their Best Results during Countdown

The lack of pressure towards increased productivity creates a more relaxed atmosphere than before. 5. The bonus system contributes to good performance during ...

6 Ways to Improve Manufacturing Productivity | PTC

Six ways to improve productivity · Upskill employees · Invest in maintenance · Review workflow · Target waste · Improve communication · Monitor ...

Improve Manufacturing Productivity & Operational Efficiency

We can measure OEE by multiplying Availability x Performance x Quality. This equation generates a more accurate view of productivity than using labor hours ...

Why has U.S. manufacturing productivity stagnated for over a decade?

Historically that was true, and the reason wasn't hard to grasp — machines improve faster than human beings do, so industries that depended on ...

What makes companies in one country so much more productive ...

First, the amount of capital the firms employ; second, the importance of education and, third, the differences in the underlying efficiency with ...

Why manufacturing productivity is on the rise - Marketplace.org

Manufacturing productivity rose in the second quarter. That's partly because companies are doing more with fewer workers.

How to Improve Manufacturing Culture - Redzone

Little-To-No Flexibility · Lack of Communication · Minimal Recognition · Inadequate Training · Lower Employee Turnover · Increased Productivity.