Overall Labor Effectiveness (OLE): Achieving a Highly Effective Workforce
A sound measurement framework is something every manufacturer would like to have. Yet today, most measurement systems focus on machinery effectiveness or production output. Manufacturers measure time and attendance carefully, but beyond that, few have a method of understanding the effective use of their workforce. This white paper will provide a description of Overall Labor Effectiveness™ (OLE) and discuss how to use it as a tool to improve the overall effectiveness of the labor force.