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BENEFITS OF DOCUMENT

Speed up the process of evaluating consistency of the equipment in day to day operations and is calculated using the actual production data for each day.
You can easily select period you want to evaluate, thus providing flexibility and enabling decision-making.
Avoids complexity in evaluation consistency of production with simplified charts. TRY using if you are in manufacturing and would like to have a quick analysis performed.

DOCUMENT DESCRIPTION

Stability Factor - One of the best ways to analyze the daily and monthly production.

The Stability Factor is used to evaluate the consistency of the equipment in day to day operations and is calculated using the actual production data for each day.

Stability is a major issue in manufacturing as components and parts need to be made to specifications to allow an easy assembly of final products. Unstable behaviours generate quality problems that customers must deal with later. Companies should constantly encourage their suppliers to better control the stability of their processes as this could be one of the root causes for stability issues in production. Costs related to lack of stability will increase whenever they are passed on from vendor to vendor and then to the final customer as defects are detected much later in the manufacturing process.

This is why a reliable, predictable supplier can gain a major advantage over the competition, establishing long term profitable relations with large customers.

This Stability Factor Analysis template enables users to analyze daily and monthly production by simply entering or copying daily production data. The Charts functionalities are described in detail on the Overview tab.

This template is customizable and can be easily modified to tailor to your factory or production needs.

Got a question about the product? Email us at [email protected] or ask the author directly by using the form to the right. If you cannot view the preview above this document description, go here to view the large preview instead.

Source: Operations Stability - Analyze Daily & Monthly Production Excel document

Operations Stability - Analyze Daily & Monthly Production

Sold by QMaxima Inc. - Simplifying Excellence (this author has 14 documents)

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This business document is categorized under the function(s):

Operations Lean Six Sigma

It applies to All Industries

File Type: Excel (xlsx)

File Size: 89.7 KB

Purchase includes lifetime product updates. After your purchase, you will receive an email to download this document.

Initial upload date (first version): May 5, 2016
Most recent version published: May 7, 2016

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