Time goals: how to set and monitor them - Iriday

How important is time for your business? The answer is undoubtedly “very important.” Suppliers need precise timelines to be able to meet deliveries. The companies to which you sell your product want regular and well-organized deliveries. Therefore, it becomes evident that misallocating time in such a context can prove to be a serious mistake.

The Importance of Monitoring Production

But it’s not just a matter of external organization. In fact, monitoring production is essential to gain a clear view of workflow and productivity. A MES system can help you keep track of time evolution and better understand past errors that led to problems. Additionally, with Iriday, you will always have a clear view of how resources are allocated and what is happening in your company at any given moment.

How to Set a Time Goal

Setting a realistic time goal is the first step to ensuring the success of a project. However, doing so requires correctly analyzing the situation. If your company is facing a higher-than-usual workload, it’s useless to think you can allocate resources that are currently unavailable to projects that cannot be carried out.

Here are the key steps to setting an effective time goal:

  • Analysis of historical data: Examine past production times to identify inefficiencies or improvements.
  • Evaluation of available resources: Consider machinery, labor, and raw materials to determine the actual production capacity.
  • Identification of bottlenecks: Recognize weak points in the process that can slow down production.
  • Market forecasts: Use market data and demand forecasts to set time goals aligned with customer requirements.
  • Flexibility and adaptation: Create goals that can be adjusted based on demand fluctuations or unforeseen events.
  • Communication of goals: Ensure all team members are informed of the time goals and success parameters.

How to Monitor Production

Monitoring is as crucial as setting the right goals. Without understanding whether we are moving in the right direction, managing the process of achieving those goals becomes really difficult and cumbersome. This is why Iriday allows you to always stay updated on the company’s status.

The main tools and methods for effectively monitoring production include:

  • Real-time monitoring: Use MES software to constantly check the status of machines and production progress.
  • Comparison between goals and results: Continuously verify if actual production times match the set goals.
  • Machine performance analysis: Monitor machinery efficiency to detect potential problems or the need for preventive maintenance.
  • Human resource control: Check the effectiveness of labor and operator performance.
  • Managing unforeseen events: Develop an action plan to quickly respond to potential blocks or slowdowns in the production process.
  • Periodic reporting: Create frequent reports to analyze production data and make necessary adjustments.

How to Improve Forecasts

The ability to forecast accurately is key to avoiding unpleasant surprises later on. Thanks to the data collected from a MES system, companies can improve their forecasting capabilities, reducing the margin of error. With the analysis of historical and real-time data, it is possible to more accurately predict delivery times, avoiding delays and optimizing resource use.