Overtime? Yes, but Where? and When? - Course

  Find out how to plan overtime to maximise it's value.
How to apply an overtime budget to the best effect.

Overload + Fixed Capacity = Late Deliveries.
Overload + More Capacity (0vertime at the last minute) = Risk of late deliveries
Overload + More Capacity early (0vertime ahead of need). = Minimise risk of lateness

So, the overtime cost is the same and the risk of lateness is reduced.

Is it really “something for nothing”?
Well, no, there is a cost in finishing work before it’s due date. This will push up stocks (in the short term).

Where to work the overtime is the key issue.
The important thing is to locate the bottleneck resource, and see the effect of overtime here.

The people in assembly may end up working overtime because the job is going to be late.
It might be better to work the overtime in Forming or Cutting, even though the job didn’t appear late at those stages.

This is a simplified version of the real problem.
Usually you have to consider hundreds of orders, going through several departments.
This is where computers can help.

In the seminar we will discuss uncertainty and risk and how to relate these factors to bset use available capacity and the budget for capacity increases (eg overtime).

At the end of the course you will get a copy of the course notes and a working model spreadsheet with the macros and scripts used in the course.

 

When	tba	to be advised
Where	tba	tba

Pre-requisite: Basic spreadsheet skills

Fee: $195

more about capacity bottlenecks more

for more information
Contact: Assured Systems Tel: 03 9555 7222
email: info@assuredsystems.com.au

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