Step 4: Utilisation benchmarks.
Maximising resources and optimising investments is critical to managing the potential volatility in orders, the fluctuation in print volumes, and changes in staffing requirements. In addition, because order and print volumes are impacted by external forces and by partnerships with technology-focused companies offering printed products, from ink to substrates, the cost of materials will fluctuate, meaning other variable costs must be minimised.
Optimising labor and improving equipment uptime and effectiveness are two paths to improving operational performance.
So how can we address this?
Overall Equipment Effectiveness (OEE) is an established metric to measure the health of the print operation. OEE compares the printed products’ actual time, speed, and quality versus the theoretical maximum available based on the production conditions. In this case, the quality measurement refers to the defect rate instead of print image quality. Research in the manufacturing industries shows that improving any of these production elements results in more efficiency. An OEE score of 100% indicates that the shop floor produces defect-free print as fast as possible and that your systems have 100% uptime.