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EDUCATION RESOURCES | ||||||
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Efficient Production Volume manufacture of the pencils As you can see from both this case study and the Mono Bug Clamp getting your manufacturing as efficient as possible is absolutely essential for a small company. This is especially so if you are producing non-luxury goods of low individual value, ie small, cheap items in high volumes. It is almost as bad to be able to produce many more pencils than you can sell as it is to be unable to supply enough products when you get a lot of orders. Getting it right is difficult - and relies on flexible manufacturing processes (being able to speed up or slow down) and accurate predictions of sales. Being ready for increasing sales and making the pencils more profitably relies on being able to produce more, faster. Why is faster production so important? After a year of production in the Millennium Dome their first production
machine was moved back to their factory, torn apart and revisions made
throughout. As a result they went from being able to produce 1,200 pencils
an hour to 2,000. |
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