A floor in finance may refer to several things including the lowest acceptable limit the lowest guaranteed limit or the physical space where trading occurs.
Production floor definition.
Overall equipment effectiveness oee kpi provides the manufacturer about the overall performance of the factory.
The production line should ideally be designed to eliminate waste in material flows inventory handling and management.
For many production managers measuring parts directly on the production floor means fewer alignments and manipulations which is one of the keys to more efficient production processes.
In manufacturing engineering process layout is a design for the floor plan of a plant which aims to improve efficiency by arranging equipment according to its function.
Client expectations pressures regarding production and strict deadlines can contribute to unrealistic goals.
When workload benchmarks on the manufacturing floor are unattainable without some compromise to safety or quality employees become dissatisfied preventing the company from reaching labor goals.
The area where the ordinary workers in a factory work.
In process layout the work stations and machinery are not arranged according to a particular production.
Definition of shop floor.
However quality control teams may be more reluctant to inspect on the shop floor and prefer to redirect measured parts to the lab where the control will be performed on the cmm.
The shop floor may include equipment.
The area in a manufacturing facility where assembly or production is carried out either by an automated system or by workers or a combination of both.