Overall Labor Effectiveness (OLE) is Working
In last month’s blog, we discussed the OLE (Overall Labor Effectiveness) tracking program we began implementing recently at Semco. Efficiency in graphite manufacturing, as in any manufacturing business, is crucial to our bottom line and to our ability to serve our customers well. By eliminating waste when we machine our clients’ custom graphite components, we save them money on materials costs and get these components to our customers more quickly. The program also helps our managers determine where more training is required on the shop floor and what parts of the manufacturing process are producing unnecessary scrap. OLE is the...
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