The Manufacturing Performance Management Benchmark Report

The Manufacturing Performance Management Benchmark Report June 2006 \ The Manufactiuring Performance Management Benchmark Report Executive Summary espite indications of a reviving economy and 2 decades of improvement in manufacturing productivity, continued global competition and increasing de-D mands from customers, shareholders, and regulatory agencies are forcing manu-facturers to continue to seek ways to improve manufacturing performance. Manufacturing performance management strategies have reduced inventory and manu-facturing cycle times, and more complete and on-time shipments of better quality prod-ucts. Yet there seems to be no relief in sight from the constant pressure of mandated cost reductions and higher expectations of customer service. Today we see a subtle shift in pressures. Customers continue to demand lower prices; however customers’ demand for shorter lead times has now become the number one driver in manufacturing performance management strategies. Cost reductions remain the focus of all enterprises and many still struggle with data collection and cultural issues. The Manufacturing Performance Management Benchmark finds far too few commercial IT solutions being utilized, although Best in Class companies are significantly ahead in terms of deployment as compared with their average and laggard competitors. Better per-formers are getting better while poorer performing companies ...