Total Time


 

O'PEEP'S TOTAL TIME EXPLANATION 

All the time you have. 365 days a year.

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Total Time is the total theoretical time available for production. 

It is the starting point to calculate the availability in Overall Equipment Effectiveness (OEE).

  • WIP is a helpful indicator to identify bottlenecks in production.
  • You want to cut Throughput Times? Reduce WIP! 
  • Often WIP is critical because you would like to cash out. Working on your WIP will improve your Cash situation.
  • If you are scrapping finished goods as they are not required, depending on your situation reducing WIP could be a way to become better.
  • WIP brings chaos to production. Reducing WIP means getting more productive.

 

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FREE LEARNING VIDEO ON LEAN METRICS
Let's understand how these metrics go together:

  • Service Level and OTIF
  • Lead Time and Throughput Time
  • Cycle Time and Takt Time
  • Capacity and Output Rate

Learn how to identify bottlenecks building on metrics.

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