September 2012
Intermediate to advanced
376 pages
6h 44m
English
Strategic perspective
Operational processes and supply chain perspective
Key performance question this indicator helps to answer
To what extent are we operating our processes or machines effectively?
Any business wants to minimise non-productive time. If machines or processes are not available when they are needed, this reduces the output that can be generated and therefore reduces profits and margins for the business.
Downtime is any productive time in which a machine or process is not available due to circumstances such as faults or maintenance.
While machine downtime is traditionally associated with the manufacturing industry, process downtime is relevant to any industry. ...
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