Lean Manufacturing
The True Cost of Manufacturing Downtime
By Don Fitchett
True Down Time Cost Analysis - 2nd Edition eBook - Coauthored by Mike Sondalini.
"The true cost of manufacturing downtime" is the final piece to the lean manufacturing puzzle and a great cost justification tool for maintenance managers to general managers. This eBook focus is primarily on downtime tracking using Overall Equipment Effectiveness (OEE) and a root cause methodology.
"Guide to process mapping production cost. Primarily explorers manufacturing cost metrics in an exhaustive effort to create awareness of the greatest cost savings opportunities in facilities today. Covers over nineteen cost centers with real dollar amounts and examples."
What makes this book unique is the author's approach to throw away the "overhead" bucket so all cost can be tracked and associated with machine downtime. This methodology reveals many cost saving opportunities that would not be evident using the industry standard labor cost tracking.
The general summary of this book has been published as an industrial engineering article in engineering and management journals as well as top websites around the world. This is an excellent book to help maintenance managers with cost justification of capital improvement planning.
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Table of Contents
Main Categories
Equipment Constants
Categories
People
Product
Startup
Bottleneck
Sales-Expectation
Labor Constants
Labor-per-Product
QC
Maintenance
Engineering
Management
Overhead
Downtime Occurrence
Maintenance Time
Reduced Production
Scrap
Band-Aid
OEM
Tooling
Shipping
OEE
Data Standards
Included Articles
What is TDC? (Overview)
Data Collection
Root Cause Analysis
Selecting CMMS
Resources
Savings Examples
Glossary
See NEW 2nd edition ...
True Down Time Cost Analysis - 2nd Edition eBook - Coauthored by Mike Sondalini.
Also read article by Mike at Why Lean Manufacturing Fails and how to avoid.