Increasing (cost)efficiency through Focused Improvement and Cost pillar

“Productivity can mean many different things depending on, for example, the industry or process. In a production plant, productivity often refers to the ratio of the amount produced to the number of employees, the number of pieces of equipment or some other typically fairly constant unit for measuring inputs. For example, a production line’s one-day productivity can be its daily production volume divided by the number of people involved in production. Thus, productivity can be improved by either increasing the number of units produced per day or reducing the number of people involved in the work”, writes Tomi Pinomäki, Operations Manager at Aurelia Turbines, in his latest article.

Read the article here