Throughput time and its significance for your production
Beke Nieszytka | 2. August 2019
What is throughput time?
Throughput time is one of the most important parameters in industrial production. It is a reflection of cost, quality and delivery time. But even developers and designers need to adapt to the ever-shortening lifecycles of products through shorter throughput times in the design phase.
Throughput time describes the time that a process takes from start to finish. These can also be small sub-processes as well as the process from order receipt to outgoing goods.
Throughput time = Waiting time + Processing time
Waiting times include, for example:
- Setup time
- Transportation time
- Idle time
- Storage time
- Additional time
The pure processing time can be considered as the good part of throughput time and describes the time in which a workpiece is actually machined. Within production, it is the value-adding component. Small amounts of the time required for the process account for the actual processing time.
Why is throughput time so important?
In addition to the importance of throughput time is the impact on delivery time, the cost of a product is also strongly determined by the total production times. According to the Kaizen principle, eliminating waiting times and the value-added use of internal resources has a major impact on the selling price and margin of the product.
igus® produces harnessed energy supply systems that make your production leaner (lean production principle). The igus® readychain® helps you to increase the productivity of your factory while enhancing the quality of your products.
Why you should opt for a readychain® from igus®?
The throughput time of the assembly of complete energy chain systems often takes several days. With the igus® readychain®, you can reduce your throughput times from several days to hours. Due to sophisticated logistics, igus® supplies turnkey systems.
If you want to know more, further information about igus readychain options can be found here.