Mar 21, 2023 · Productivity isn’t just about producing physical items, even though that’s the simplest context for understanding it. Ultimately, the term describes the relationship between …

Feb 6, 2025 · Capability potential, or CP, is a common measurement in process analysis. This guide will teach you how to leverage it in your production.

Feb 26, 2010 · In financial businesses it needs to be clearly defined how to calculate the cost of capital. Productivity saving: Refers to the increased amount of output per unit (minutes, hours, …

Jan 29, 2025 · How to Calculate Cycle Time There are two ways to calculate cycle time and it’s a good idea to use both if you can to ensure accurate results. The first method is to calculate the …

Mar 10, 2024 · Soft savings are Six Sigma project outcomes that provide some kind of benefit to the organization but do not have a direct impact to the bottom line. These are often intangible …

Oct 25, 2024 · What's the difference between hard and soft savings? We're taking a hard look at where your organization can save money.

Feb 1, 2025 · How do you measure process work at your organization? You might want to incorporate a time study, as detailed in this in-depth guide.

Feb 5, 2025 · Do you know the difference between tangible vs. intangible benefits? Measuring the results of your company’s output can be of vital importance. Understanding how these two …

Mar 27, 2010 · Calculating the true value of any project (Lean Six Sigma or otherwise) with respect to its impact on margin has always been challenging. Return on investment (ROI) is a …

Oct 6, 2024 · Key Points Lead time is the duration between the start and end of a process. Cycle time is the duration for the entire process to be completed. Understanding how to utilize both …