How Can Manufacturers Boost Labor Productivity?

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Cliff Waldman, chief executive officer of New World Economics, explains how manufacturing labor productivity is measured, and why it’s such an important metric for assessing economic health.

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  1. SupplyChainBrain
  2. supply chain manufacturing
  3. labor productivity
  4. labor shortage
  5. worker shortage
  6. supply and demand
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The caliber of the worker(s) is frequently overlooked. Hours worked and what percentage of those hours are overtime is not a very good measurement. What was actually conducted during those hours is what matters.

omegaman