Manufacturing Efficiency is a measurement (usually expressed as a percentage) of the actual output to the standard output expected. Efficiency measures how well something is performing relative to existing standards. In contrast, productivity measures output relative to a specific input (e.g., tons/labor hour).
Common Metrics (Top 5)
- Throughput Ratio
- Capacity Utilization
- Warranty Cost
More Manufacturing Efficiency common metrics.
Best Practice (Top 4)
- Lean Manufacturing
- Preventative Maintenance
- Manufacturing Bill of Material
- Lead Time Reduction
More Manufacturing Efficiency best practices.