Value‐adding Performance Measurement: A Time‐based Approach
International Journal of Operations & Production Management
ISSN: 0144-3577
Article publication date: 1 May 1993
Abstract
The competitive pressures being placed on Western manufacturing organizations require new restructuring models, which take account of value‐adding capability and guide investment. Time‐based manufacturing strategies offer a framework to develop the total input/output chain in isolation of selling price. This method can be used successfully in batch‐manufacturing companies to reduce throughput time and conversion cost – the method is non‐capital‐intensive and involves total company and people commitment. Discusses a case study and results from implementation in a JIT environment in the electrical switchgear industry. Further research is required to link throughput time reduction with total factory cost and investment justification.
Keywords
Citation
Barker, B. (1993), "Value‐adding Performance Measurement: A Time‐based Approach", International Journal of Operations & Production Management, Vol. 13 No. 5, pp. 33-40. https://doi.org/10.1108/01443579310028157
Publisher
:MCB UP Ltd
Copyright © 1993, MCB UP Limited