Cycle Time

The first step to reducing cycle time is defining what cycle time is in a way that can be predictively and practically quantified.  Cycle time (CT), which is also called average cycle time, flow time, and throughput time is the average time from release of a job at the beginning of the routing until it reaches an inventory point at the end of the routing.  Through years of study and application, Factory Physics Inc. has identified the following comprehensive list of cycle time components:

  • Raw Process Time
  • Batch Time
  • Queue Time
  • Move Time
  • Shift Differential Time

Factory Physics Inc's years of applying science to industry has led to CSUITE's unmatched ability to quantify trade-offs, such as cycle time versus throughput versus cost.

 

CSUITE's ability to identify cost effective opportunities to reduce and maintain short cycle times allows you to:

  • Reduce costs
  • Increase revenue
  • Improve customer responsiveness
  • Maintain performance flexibility through later production releases
  • Improve the product quality
  • Better forecasting and less reliance on forecasts

CSUITE provides measures that translate to hard dollars for evaluating the tradeoffs between cycle time and revenue.  CSUITE software is grounded in a solid scientific foundation and well-tested through years of industry application. CSUITE results include cycle time reductions of 35%, inventory reduced 50% in 90 days, and a $9 million increase in cash flow. A quote from the plant manager summed it up as follows:

"There is no doubt that optimum WIP levels lead to a more efficient operation with less working capital exposure. Our customer delivery performance and our operational flexibility have improved dramatically by managing WIP levels throughout the operation." --Glenn Gerecke, Plant Manager, Bristol-Myers Squibb Pharma

  

 

Cycle Time

 

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