Measuring productivity in manufacturing isn’t that difficult. It starts with some basic knowledge of the inputs: Machinery, Manpower, and Materials! Individual Resource Productivity, or IRP, is a basic ratio of the output per individual resource. It is the calculation of the output per machinery, manpower, and material resources. The Output is a quantity of units […]
Measure Productivity in the Workplace – It’s Simple!
Measure productivity in the workplace today. All you need to understand are a few key terms and concepts! The goal for any organization is to produce products or services that meet the needs of the customer at the lowest possible cost. To meet this goal, you first need to know how to measure productivity in […]