Manufacturing 2015

$150

Examines plant-level performances and practices for facilities in the U.S.

Description

Manufacturing 2015: The Return of Profitability

Manufacturing 2015: The Return of Profitability examines plant-level performances and practices for facilities in the United States and illustrates the changes underway among U.S. manufacturers and hints at what’s to come.

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Upon purchase you will be presented with a link to download a PDF of the Summary.

The vital plant-performance data found in the executive summary allows manufacturing executives and support companies to see how top performers succeed in key performance areas—and where the worst performers struggle. With a small investment (just $150 for the 2015 Summary) you’ll be able to make meaningful comparisons among top operations in the United States.

Each summary includes basic plant profile data, along with easy-to-understand charts and tables that illustrate findings across five critical functions, including:

Human resources

  • Plant employment changes
  • Annual labor turnover rates
  • Average hourly starting wage and average hourly wage with expected changes
  • Plant training hours and programs in place
  • The use of self-directed work teams and empowered workers
  • Plant-level HR programs and practices in place
  • Employee costs (wages, benefits, etc.) as a percentage of sales
  • Planned investment-levels in plant employees
  • What key performance element will puts manufacturers on the path to world-class HR

Operations

  • Importance of process improvement to plant executives and which methodology is most popular, as well the level of workforce engagement in a strategy
  • Level of process improvement investment and planned change
  • How improvement methodologies improved the plants bottom-line
  • Production output (unit volume) changes
  • Sales per employee and changes in plant costs
  • Total inventory turn rate
  • Material and component costs changes
  • Expected plant investment level changes
  • Common inventory practices in place
  • Production metrics, including:
    • Manufacturing cycle time
    • On-time delivery rate
    • Perfect delivery rate
    • Finished-product first-pass yield
    • Scrap and rework rate (% of sales)
    • Warranty costs (% of sales)
    • Cost of goods sold as a percentage of plant revenue
    • Labor as a percentage of cost of goods sold
    • Overhead as a percentage of cost of goods sold
    • Materials as a percentage of cost of goods sold
  • What key performance element will puts manufacturers on the path to world-class operations

Supply Chain

  • Plant and supplier relationship description
  • Expected component/material changes, including logistics and utilities
  • Importance of supply-chain management
  • Most common criteria used to assess supplier
  • Global expansion plans and imported material/components volume changes
  • Overseas sales (percentage)
  • Common supply chain measures, like customer reject rates, customer retention rate
  • Location of company production volume (% of production inside vs. outside U.S.)
  • What key performance element will puts manufacturers on the path to world-class supply chain management

Capital Equipment

  • Plant production volume
  • Machine availability (% scheduled up time)
  • Overall equipment effectiveness
  • Unplanned maintenance as % of total maintenance
  • Return on invested capital
  • Capital-equipment spending accounted as a % of sales
  • Monitoring and measuring plant:
    • Process-specific productivity
    • Process-specific quality
    • Process-specific safety
    • Process-specific pace or speed
    • Location-specific inventory levels
      Individual equipment or machine performance
  • What key performance element will puts manufacturers on the path to world-class capital equipment management

Information Technology

  • IT effectiveness by function for:
    • Production volume (% designed plant capacity)
    • Production/operations
    • Planning/scheduling
    • Accounting/finance
    • Procurement/purchasing
    • Enterprise management
    • Supply-chain management
    • Logistics/distribution
    • Human resources
    • Customer service/support
    • Design/development
    • Asset management
  • Expected IT investment levels and profitability changes from last year’s new installations
  • Cloud computing use:
    • % of plant IT systems and applications that are cloud-based.
    • Size of plant most likely to use cloud applications (by revenue)
    • Most common functional use of cloud-based applications
    • What key performance element will puts manufacturers on the path to world-class IT management

Internet of Things

  • Adoption rates and strategies in place, including:
    • No real-time tracking
    • Limited real-time tracking
    • Adequate real-time tracking
  • What key performance element will puts manufacturers on the path to world-class IoT adoption

Green/Sustainability

  • Adoption of green/sustainability and importance to plant success
  • Programs and practices currently in place (percentage), including:
    • Recycling/reuse programs
    • Energy management
    • Formal green corporate program
    • Carbon footprinting
    • Green products
    • Green components and materials
    • Percentage change to energy per unit of product output in past year
  • What key performance element will puts manufacturers on the path to world-class green/sustainability strategy adoption and implementation

Upon purchase you will be presented with a link to download a PDF of the Summary.