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IMM's Benchmarking Report: Third quarter 2000, data group 1 of 3

Machine utilization, 2000

Actual hours run for good parts as a percentage of total available hours.

3Q • Average: 67.0%

 

 Productive downtime, 2000

Actual hours of productive machine downtime as a percentage of total available hours. Productive downtime includes power outages, broken machine, no operator, mold defective, mold change, or setup. It does not include idle time due to lack of sales.

3Q • Average: 19.9%

 

 Training per employee, 2000

Training hours accumulated this quarter, divided by the average full-time equivalent head count. Production employees only.

3Q • Average: 4.1 hours

The IMM Benchmarking Report is in its third year and this month provides data from the third quarter of 2000. We’ve developed a strong core group of molders who have volunteered this data, but we are constantly looking for more participants.

     For those new to the Benchmarking Report, the project is simple. Several molders have volunteered to share their benchmarking data with us each quarter. The information comes in two parts. The first is the profile data (see table, opposite), which characterizes the molders by press quantity, resin quantity processed, parts quantity, and revenue, among other measurements. The information in the pies is the benchmarking data. We’re measuring nine benchmarks: machine utilization, productive downtime, training per employee, mold change time, scheduled ship date on time, accident incident rate, scrap as produced, customer returns, and employee turnover. Each month we present three of these nine benchmarks.
If you want to get involved, participation is easy. In return for your time and data each quarter, you get detailed reports on key production and market data for every participating molder. Anonymity is guaranteed. Contact us (see contact information at left) and we’ll send you the information and forms you need to get started. This service is free.

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Contact information
Injection Molding Magazine
Denver, CO
Jeff Sloan
Phone: (303) 321-2322
Fax: (303) 321-3552
E-mail:
[email protected]
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