Robust Production Management (RPM) Module 9: Measuring "Before and After" Savings   15-page PDF document
$20.00

Robust Production Management (RPM) Module 9: Measuring "Before and After" Savings (15-page PDF document) Preview Image Robust Production Management (RPM) Module 9: Measuring "Before and After" Savings (15-page PDF document) Preview Image Robust Production Management (RPM) Module 9: Measuring "Before and After" Savings (15-page PDF document) Preview Image Robust Production Management (RPM) Module 9: Measuring "Before and After" Savings (15-page PDF document) Preview Image Robust Production Management (RPM) Module 9: Measuring "Before and After" Savings (15-page PDF document) Preview Image Flevy is the marketplace for business best practices.
Loading preview images...
Arrow  

Robust Production Management (RPM) Module 9: Measuring "Before and After" Savings (PDF)

PDF (PDF) 15 Pages

$20.00
Discover proven methods for quantifying project savings with RPM Module 9. Created by industry experts, this guide enhances performance measurement and stakeholder engagement.
Add to Cart
  


Immediate download
Editable with PDF editor
Free lifetime updates

DESCRIPTION

This product (Robust Production Management [RPM] Module 9: Measuring "Before and After" Savings) is a 15-page PDF document, which you can download immediately upon purchase.

So you've completed a process or performance improvement project at work, and now management wants to gauge the financial benefit of the project's "after" state. This was once the challenging, and often daunting, phase of a project – but no more! There are a variety of ways to demonstrate hard-dollar benefits of almost any project, and Robust Production Management (RPM) Module 9: "Measuring 'Before and After' Savings' will show you how. Module 9 is full of examples and templates featuring definite ways to show how your project has "moved the needle" for the organization in a positive direction. "Measuring 'Before and After' Savings" is the ninth module in the Metrilogics RPM management training series – more on the way.

Quantifying the "before" and "after" states is crucial for any operational performance improvement initiative. This module provides a structured approach to generate initial support for projects through a robust cost/benefit analysis. It solidifies participation and engagement among stakeholders by clearly demonstrating the financial benefits achieved post-implementation.

The module includes practical examples of time studies and performance distributions, illustrating how removing controllable waste can significantly boost productivity. For instance, the "after" scenario shows a 32% increase in hourly output volume and a 24% reduction in process durations. Such tangible metrics are essential for answering the critical question: is the project on track to deliver the promised bottom-line results?

The PDF also highlights the importance of providing a solid foundation for determining cash bonus payouts to project participants. With a consolidated team showing a productivity rate jump from 49.25% to 74.18%, the module underscores the value of precise measurement in driving performance improvements. This ensures that all stakeholders remain committed and engaged in ongoing performance enhancement efforts.

Got a question about the product? Email us at support@flevy.com or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.

Source: Robust Production Management (RPM) Module 9: Measuring "Before and After" Savings PDF (PDF) Document, Lance Latham


$20.00
Discover proven methods for quantifying project savings with RPM Module 9. Created by industry experts, this guide enhances performance measurement and stakeholder engagement.
Add to Cart
  

ABOUT THE AUTHOR

Author: Lance Latham
Additional documents from author: 12

After earning his MBA degree from the Indiana University Kelley School of Business in 1992, Lance Latham embarked on a successful career in operations management and process improvement - including roles as a hands-on operations manager, consultant and project manager in the manufacturing, warehouse / logistics, financial services and IT sectors. [read more]

Ask the Author a Question

Must be logged in

Did you know?
The average daily rate of a McKinsey consultant is $6,625 (not including expenses). The average price of a Flevy document is $65.




Trusted by over 10,000+ Client Organizations
Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.
AT&T GE Cisco Intel IBM Coke Dell Toyota HP Nike Samsung Microsoft Astrazeneca JP Morgan KPMG Walgreens Walmart 3M Kaiser Oracle SAP Google E&Y Volvo Bosch Merck Fedex Shell Amgen Eli Lilly Roche AIG Abbott Amazon PwC T-Mobile Broadcom Bayer Pearson Titleist ConEd Pfizer NTT Data Schwab




Read Customer Testimonials


Your Recently Viewed Documents

Customers Also Bought These Documents


Customers Also Like These Documents

Related Management Topics


Consulting Frameworks Strategy Development Strategic Planning PowerPoint Diagrams Compilation Chief Strategy Officer Gap Analysis Operational Excellence Hoshin Kanri Strategy Deployment & Execution Strategy Frameworks Process Improvement Strategic Thinking Organizational Design Consulting Training PRINCE2 Project Management Business Case Development Henry Mintzberg Balanced Scorecard Business Case Example Financial Modeling Process Analysis Breakout Strategy Cost of Quality Quality Management & Assurance Cost Reduction Assessment Strategic Analysis

Download our FREE Strategy & Transformation Framework Templates

Download our free compilation of 50+ Strategy & Transformation slides and templates. Frameworks include McKinsey 7-S Strategy Model, Balanced Scorecard, Disruptive Innovation, BCG Experience Curve, and many more.