Looking at metrics such as asset utilization, overall equipment effectiveness (OEE) and operational availability, high performance food and beverage manufacturers outpace their peers. According to a study published by Redwood City, Calif.-based Informance International, 141 worldwide food and beverage packing lines reported gaps in performance between manufacturers that have granular, real-time visibility and measurement of key metrics versus those that do not.
The five-month study revealed that best-in-class enterprises outpace laggard performers in:
Asset utilization by 246%
Overall equipment effectiveness by 150% and
Operational availability by 125%.
Furthermore, laggard performers lose 21% of overall capacity to unknown causes, compared to less than 0.5% for best-in-class manufacturers.
"This study is unique because it was conducted using five months of real-time manufacturing performance data," commented John Oskin, founder Informance International.
Key findings include:
Typical plants in the food and beverage industry average over 87,000 "short duration" line interruptions per year.
Top manufacturers incur only 1% of line rate losses also known as Cycle Erosion compared to 16% for laggard performers.
Best-in-class companies outpace laggards in three key loss areas --shutdown, changeover and process failures.
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