Top 5 Factors to Success in Manufacturing

Many companies around the world strive to lead when it comes to manufacturing and fabrication. What are some of the most important factors that affect the success of these companies? Let’s take a look at the top 5 factors for succeeding in manufacturing.

1. Efficiency
Using SixSigma as well as Lean can help tremendously when it comes to an efficient assembly line. In one case, an aluminum extrusion company was able to improve their efficiency by 30%. Read this article for more about the economics of extrusion of aluminum and how to make it efficient.

2. Process
Having standardized processes is one of the most important factors in producing quality products at a fast rate.

3. Time
Using the time of the day efficiently is another important point to ponder. There are 24 hours in the day, so dividing them by three shifts of 8 hours each is the popular approach that is used by many manufacturing companies and factories.

4. Quality
Settling for anything less than the highest quality is not the way to reach the top ten manufacturing companies in Canada, the United States or any other country around the world. It is important to keep quality as the most important factor in the factory.

5. Employees
Having happy employees that put their all into their work is something that can be very helpful to a successful business, especially in the manufacturing sector. Having programs for employees to improve morale and engagement can go a long way in enhancing the quality of products and overall company standing.