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Management best practice

News & Events

How Do You Measure Up?

To Britain’s Best Factories

Judge your own performance against that of the average for UK manufacturing companies,

the top 25% and the best 10% in class.  How do you measure up?

Performance Indices 

The quantitative data has been provided by Cranfield School of Management and "Management Today" from the UK's Best Factory Awards over the period 1997-99.  Based on four general manufacturing sectors it allows you to identify the areas where there are opportunities for improvement?

 

SECTORS: Process
Engineering
Electronics & Electrical 
Household & General

Click here to see the original “Manufacturing Winners” document, published in 1995 (updated May 1999) which contains earlier data from the UK's Best Factory Awards over the period 1994-96 or visit the Management Today Best Factory Awards web site for details of the winners.


Sector:             Process        1997 - 1999 Data

 

Bottom 10%

Bottom 25%

Average *

Top 25%

Top 10%

 

 

 

 

 

 

Delivery reliability (%)

86.0

90.0

96.0 ‡

98.3

99.4

Ex-stock availability (%)

80.0

91.0

95.0 ‡

99.0

99.5

Current average annual product introduction rate

(new product/product range)

0.04

0.2

0.4 ‡

0.8

3.2

Scrap rate (%)

17.6

7.5

3.0 ‡

0.7

0.1

Manufacturing added-value per production employee (£000)

17

25

41

47

79

Total stockturns

4

6

13

15

24

Percentage capacity used for changeovers (%)

28.8

14

9.8

2.8

2.0

Average component set-up time (mins)

360

150

50 ‡

29

13

Average assembly set-up time (mins)

248

163

78 ‡

20

10

Training on job (days)

         Existing employees

     New employees

 

1

5

 

2

6

 

5

25

 

9

30

 

10

60

Annual absenteeism (%)

5.0

4.5

3.4

2.7

1.7

* This column contains the mean performance level; however where the ‡ symbol appears the median figure has been given asthe best indicator of the central tendency.

© Copyright Professor Colin New & Dr Marek Szwejczewski

 

Sector:             Engineering             1997 - 1999 Data

 

Bottom 10%

Bottom 25%

Average *

Top 25%

Top 10%

 

 

 

 

 

 

Delivery reliability (%)

70.0

85.0

94.0 ‡

98.0

99.6

Ex-stock availability (%)

73.9

85.0

92.0 ‡

98.0

100.0

Current average annual product introduction rate

(new product/product range)

0.02

0.07

0.5 ‡

2.6

10.0

Scrap rate (%)

9.6

3.0

1.2 ‡

0.6

0.2

Manufacturing added-value per production employee (£000)

17

22

36

40

53

Total stockturns

3

5

12

14

22

Percentage capacity used for changeovers (%)

20.0

10.8

9.0

2.5

1.2

Average component set-up time (mins)

150

76

30 ‡

15

10

Average assembly set-up time (mins)

147

70

30 ‡

10

1

Training on job (days)

     Existing employees

New employees

 

1

2

 

2

5

 

5

15

 

6

20

 

10

36

Annual absenteeism (%)

6

4.5

3.5

2.5

1.3

* This column contains the mean performance level; however where the ‡ symbol appears the median figure has been given as the best indicator of the central tendency.

© Copyright Professor Colin New & Dr Marek Szwejczewski

 

Sector:             Electronics & Electrical             1997 - 1999 Data

 

Bottom 10%

Bottom 25%

Average *

Top 25%

Top 10%

 

 

 

 

 

 

Delivery reliability (%)

66.0

75.0

93.0 ‡

97.0

99.0

Ex-stock availability (%)

68.3

84.0

95.5 ‡

99.0

99.6

Current average annual product introduction rate

(new product/product range)

0.1

0.3

0.7 ‡

4.4

12.7

Scrap rate (%)

3.0

1.3

0.8 ‡

0.3

0.1

Manufacturing added-value per production employee (£000)

16

20

28

33

51

Total stockturns

2

3

8

9

15

Percentage capacity used for changeovers (%)

19.6

8.0

6.3

1.0

0.1

Average component set-up time (mins)

240

87

30 ‡

10

3

Average assembly set-up time (mins)

173

102

54 ‡

10

5

Training on job (days)

      Existing employees

New employees

 

1

3

 

2

5

 

6

18

 

7

25

 

12

30

Annual absenteeism (%)

5.0

3.9

2.9

2.0

1.3

* This column contains the mean performance level; however where the ‡ symbol appears the median figure has been given as the best indicator of the central tendency.

© Copyright Professor Colin New & Dr Marek Szwejczewski

 

Sector:             Household & General             1997 - 1999 Data

 

Bottom 10%

Bottom 25%

Average *

Top 25%

Top 10%

 

 

 

 

 

 

Delivery reliability (%)

90.0

95.0

98.0 ‡

99.0

100.0

Ex-stock availability (%)

86.4

95.0

98.5 ‡

99.4

100.0

Current average annual product introduction rate

(new product/product range)

0.1

0.3

0.7 ‡

2.3

5.2

Scrap rate (%)

8.2

4.9

2.2 ‡

1.0

0.2

Manufacturing added-value per production employee (£000)

15

20

34

42

55

Total stockturns

3

6

19

24

42

Percentage capacity used for changeovers (%)

27.0

16.3

10.5

2.4

1.0

Average component set-up time (mins)

240

60

30 ‡

15

5

Average assembly set-up time (mins)

193

91

40 ‡

12

5

Training on job (days)

      Existing employees

New employees

 

1

3

 

2

5

 

8

23

 

10

27

 

15

60

Annual absenteeism (%)

6.0

4.5

3.7

2.6

1.7

* This column contains the mean performance level; however where the ‡ symbol appears the median figure has been given as the best indicator of the central tendency.

© Copyright Professor Colin New & Dr Marek Szwejczewski

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