47.5% Average Increase in Factory Productivity Survey Results
“The 2009 June end survey of 21 manufacturers who invested in time tracking and labour management software concluded:
1. The average increase in factory productivity was 47.5%;
2. The median manufacturer’s increase in factory productivity was 35%;
3. The lowest manufacturer’s increase in factory productivity was 15%;
4. The highest manufacturer’s increase in factory productivity was 160%. The 47.5% average increase in factory productivity was weighted upwards significantly by the following four manufacturers: Homeplus Southland 160%, Classique Furniture 103%, Lochiel Engineering 70% and Rose and Heather Furniture 60%…”
Sean O’Sullivan. B Com (Hons) Otago University