Colornumber9
Member
I'm trying to get my head around how a printing company (my employer in particular) looks at and interprets productivity reports, and how they make decisions based on the information received from a data collection system/MIS. I'm also interested in finding out how much of this information is relevant to a banker when evaluation a company's solvency.
The company I work for uses an MIS called Wintrak. It seems very basic compared to some of the other MIS I've seen at other companies. Cost centers are either chargeable or non-chargeable. I was under the impression for a while that our COO wanted to see maximum chargeability, and we were told to adjust our production entries (in my case, press) so as to make it appear that most of our time was chargeable. This never seemed to make any sense, seeing as how they can't possibly charge every single hour we work to a customer!
Recently, I was told discreetly by the plant manager (who claims he'll deny this til the day he dies) to make my efficiencies look as good as possible. Only stay clocked into a job for a reasonable amount of time, and then go into maintenance or something similar. Doing this makes my chargeability go way down. It also seems like this could be disastrous to a company in the long run, since I'm still being paid to be there and the press is still using power, consumables, etc. And this could screw up the way a company estimates jobs as well, right?
I know every company has their own way of managing, but can anyone shed some light on this situation? What is more important to a business, chargeability or "efficiency"? Obviously the ideal situation would be have maximum chargeability and great efficiency, but that can't always happen. Especially not where I work
What do these numbers actually mean to a company's viability? What do banks care most about?
Any help would be much appreciated.
The company I work for uses an MIS called Wintrak. It seems very basic compared to some of the other MIS I've seen at other companies. Cost centers are either chargeable or non-chargeable. I was under the impression for a while that our COO wanted to see maximum chargeability, and we were told to adjust our production entries (in my case, press) so as to make it appear that most of our time was chargeable. This never seemed to make any sense, seeing as how they can't possibly charge every single hour we work to a customer!
Recently, I was told discreetly by the plant manager (who claims he'll deny this til the day he dies) to make my efficiencies look as good as possible. Only stay clocked into a job for a reasonable amount of time, and then go into maintenance or something similar. Doing this makes my chargeability go way down. It also seems like this could be disastrous to a company in the long run, since I'm still being paid to be there and the press is still using power, consumables, etc. And this could screw up the way a company estimates jobs as well, right?
I know every company has their own way of managing, but can anyone shed some light on this situation? What is more important to a business, chargeability or "efficiency"? Obviously the ideal situation would be have maximum chargeability and great efficiency, but that can't always happen. Especially not where I work
What do these numbers actually mean to a company's viability? What do banks care most about?
Any help would be much appreciated.