Cost to Produce by Shift
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Category:  
Analytical

Measures the production cost associated with each shift of operations.

What it Measures ?

How much each shift costs to run.

Relevant StakeHolders 

Shift Manager, Finance Analyst

Why it Matters ?

Identifies cost variations by shift.

In-depth Use Case / Real-world Example

Cost to Produce by Shift analyzes how much it costs to manufacture products during different shifts (e.g., morning, afternoon, night). For example, if a factory incurs ₹10,000 in production costs for a 12-hour shift, the cost per shift is ₹10,000. By monitoring this metric, companies can identify inefficiencies in shift scheduling, labor costs, or energy consumption and take corrective actions to optimize costs.

KPI Definition

Business Value

Movement Direction

Sample Formula

Production Cost per Shift Analysis

Should Aim For
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