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How to Calculate Manufacturing Cycle Time (Formula Included)

ProjectManager.com

Manufacturing is all about production. Having that production work more efficiently will help manufacturers make more products and get those products to their customers faster. Cycle time is one of the key performance indicators (KPIs) that manufacturers use to measure the time they spend working on an item.

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Production vs. Manufacturing: Key Differences

ProjectManager.com

Production and manufacturing are often seen as the same thing. It’s important to understand the differences, especially if you’re involved in the manufacturing industry. Let’s explore production vs. manufacturing. We’ll also highlight many free templates that can help if you’re involved in production or manufacturing.

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The Ultimate Guide to Manufacturing Project Management: Best Practices and Strategies

Epicflow Blog

How can manufacturers ensure the successful delivery of their complex projects under conditions of increasing uncertainty and a lack of required human resources? The solution lies in intelligent project and resource management. Increased use of technologies and related risks Industry 4.0

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Top 5 Manufacturing Trends for 2024: What’s New?

Epicflow Blog

How is the manufacturing landscape going to look like in the near future? In a few words, the industry is going to evolve in three major areas: implementing recent technological advancements (Industry 4.0), finding ways to address post-pandemic challenges, and meeting sustainability requirements. Here are some of the examples.

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Capital Budgeting: Definitions, Steps & Techniques

ProjectManager.com

The use of capital budgeting offers an objective view that helps managers figure out how to invest capital in order to increase business value but also helps the overall health of the company. Capital budgeting is part of the larger financial management of a business, focusing on cash flow implications when making an investment decision.

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Operations Management: Key Functions, Roles and Skills

ProjectManager.com

Whether you’re a big or small business and no matter what product you manufacture or service you provide, you’re always looking to deliver the highest quality and greatest value for your customers. One way to achieve these goals is through operations management. Learn what operations management is and its key functions.

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Measuring the Project Management Maturity of Your Organization

ProjectManager.com

When you’re a PMP, program manager or portfolio manager, you need to deliver all those multiple projects on time and within budget. This requires an organization with a well-developed project management process. This is done by using a project management maturity model. What Is Project Management Maturity?