FAQs
What are the best Productivity Apps?
ReTime from ReThink is an app to undertake productivity analysis through the tried and tested workstudy techniques of Efficiency Study – to understand how time is spent, Activity Study – to measure how long it takes to complete a task or activity and Role Study for day in the life study of key roles within your organisation
The apps support easy and accurate data capture and link to the ReTime management system that provides outputs as a combination of graphical visualisations and excel summaries.
The app can be used by those who have undergone approved workstudy training programmes and anyone who wants to capture process time data in a better way than using a manual timer and paper log.
For more information go to www.retime.co.uk
What are the essential components of Productivity?
At its simplest, productivity is the pursuit of higher outputs for fewer inputs. For example, how can a store sell more per hour with fewer colleagues? Or how can a factory produce more widgets per hour while using less energy, raw material and labour costs?
This simplistic explanation belies the fact that reviewing productivity in a real life for an often complex operation is not simple.
Some quick wins are easy to spot and put in place, most require workstudy data to identify opportunities. And even better if it can be benchmarked to give a wider context. That’s where ReThink comes in. With our ReTime productivity data collection app, benchmark database and extensive experience of many sectors we help organisations get more from less.
What causes Productivity to increase?
Productivity increases when you produce more with fewer inputs. As an individual that might mean making more of your time each day and as a business it means creating more from your resources to fuel your growth.
Productivity increases under pressure. That can be the fact that everyone works a little bit harder when demand is high – your barista will be working more quickly at 8 am when everyone wants their morning coffee than at 8pm in the evening when trade is slowing down for the day. Most growing organisations learn they can increase their capacity without growing their teams. The challenge comes in knowing when extra resources are needed to fuel the growth and how to handle any slowdowns or cost challenges in other parts of the production that knock on to the team.
ReThink helps organisations optimise their productivity so there is capacity to exploit growth opportunities and an ongoing review of the operation to eliminate waste and make processes more efficient.
How can I increase Productivity?
The best way to measure business productivity and quantify opportunities for improvement is to commission an Efficiency Study. ReThink will spend time with your teams to measure how time is spent and provide you a report that highlights opportunities for quick wins by eliminating waste from your operation. Plus, a benchmark report that gives you sector context and provides insights on opportunities to reengineer your processes and how well your operation matches resources to demand over time.
The Efficiency study gives you both quick wins and a series of projects that form the backbone of your productivity roadmap.
How can I drive Productivity?
ReThink always look at options to increase revenue as part of our Efficiency studies. Productivity can be improved through growing revenue and/or reducing input costs and we consider both routes to improvement.
The best way to increase business productivity is to commission an Efficiency Study. ReThink will spend time with your teams to measure how time is spent and provide you a report that highlights opportunities for quick wins by eliminating waste from your operation. Plus, a benchmark report that gives you sector context and provides insights on opportunities to reengineer your processes and how well your operation matches resources to demand over time.
The Efficiency study gives you both quick wins and a series of projects that form the backbone of your productivity roadmap.
How do you define Productivity?
At its simplest, productivity is the pursuit of higher outputs for fewer inputs. For example, how can a store sell more per hour with fewer colleagues? Or how can a factory produce more widgets per hour while using less energy, raw material and labour costs?
This simplistic explanation belies the fact that reviewing productivity in a real life for an often complex operation is not simple. It would be wonderful to have one measure that told you everything you needed to know about the productivity and efficiency of your operation. In reality, you will need a dashboard of measures to keep a good eye on inputs, outputs and quality measures.
The challenge is to identify the optimum suite of measures for your operation; in a way that doesn’t create a whole new measurement industry.