Basics of Time Based Analysis - Four Sectors of the Time Based Framework Explained

This post describes a time based analysis framework that I have designed to be used to transform the performance of organisations. Looking at organisations through the lens of time by tracking a single product, service or health patient never fails to identify waste, untapped potential and non value adding time. Information is then displayed visually on a calendar time line and used by value adding employees to radically improve performance.

Important factors –

1.       If the costs below the horizontal time axis exceed the value added, the organisation is in trouble. Long throughput times and poor supply chain synchronisation increase operational costs.

2.       The synchronisation point is the time/date when a customer requests a product or service. The supply chain and value adding operations are compressed towards this point. I agree that this is a severe measure of performance because organisations cannot hide behind finished goods stock and poor or unresponsive control systems become exposed. Pull type control systems must be used.

3.       Analysis prior to corrective actions is paramount, without analysis you will be working blind.

4.       Existing value adding touch time in most organisations is less than 15%, so improvement scope is huge.