Many business owners want help with plant performance improvement, and if you’re one of them, you should keep reading. The Youtube video “Improving Plant Performance with Leading Metrics” shows exactly how consulting engineers help plants become more efficient and stable thanks to leading metrics. Let’s find out more!
Ultimately, all businesses want to achieve great results and earn money. The only way to do that is by improving their performance, which ensures that they save money during the manufacturing process while still producing an optimal product that will increase their profit later.
However, some consultants might discover that the indicators their clients are using to calculate their results are not efficient enough.
The best way to look at things is by using a metrics ladder, as shown in the video. The ladder goes up from the leading indicators to the lagging indicators. Profit is considered a lagging indicator, and a businessperson should not be focusing on that too much to improve their results. Therefore, they have to look towards a more leading indicator such as the OEE or quality. You can watch the rest of the video to see all the details about this plant performance improvement plan.
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