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Best in class measure more often.(lean manufacturing)(Brief article)
Business Credit
|
October 01, 2006 |
COPYRIGHT 2006 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
Manufacturing performance correlates directly with frequency of measurement, according to recent research. The Manufacturing Performance Management Benchmark Report, published by Aberdeen Group, found that 84 percent of respondents were still using spreadsheets and ad hoc performance monitoring, despite the availability of technology solutions. Best in class companies, however, were more than twice as likely to deploy IT solutions, particularly for planning, execution and control. And the more often ...
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Source: HighBeam Research, Best in class measure more often.(lean manufacturing)(Brief article)