Measuring manufacturing system parameters – first step to drive towards manufacturing execution excellence
Corporations today are spending significant amount of time and money in deploying state of the art ERP software like Oracle, SAP etc. IT management in these big corporations is more concerned to get the software deployed and then they consider their job is done. To say the truth the job is not even half done in most cases. The fail to recognize an important parameter - the ability of the system to perform as per "expectations" after the system has been deployed.
Organizations typically fail to identify the critical performance parameters before they embark upon the implementation journey. Once implemented they are sometimes too busy to either measure performance or else they would not have set up the goals to compare performance measurement pre and post implementation. Again the measurement parameters need to be very industry specific based on the operating environment and type of industry. Let's assume Inventory Turns is a measure that a particular industry is trying to measure in the Discrete Manufacturing environment for Industrial Manufacturing. Based on the overall manufacturing strategy the number of turns will be different for a Made to Stock vs. Made to Order Environment. Do you agree with this? What are some of the other parameters that one would need to measure performance? What are the next steps once the performance parameters have been identified?
