Key Business Analytics

64

Capacity utilisation analytics

What is it?

Capacity utilisation analytics is similar to capacity analytics (Chapter 53), but instead the focus here is on equipment and plant rather than people.

Why does it matter?

Capacity utilisation analytics matters because it affects efficiency, productivity and ultimately profit.

If you have invested in expensive machinery or equipment then you need to know how often that equipment is being used in relation to how often it could be used. If you realise that critical machinery is sitting idle then you can’t manage that capacity more appropriately to increase productivity and therefore potentially increase revenue.

When do I use it?

Most modern equipment is full of inbuilt sensors that can effectively ...