2 AskBiz guides on manufacturing operations, covering Daily Operations, Weekly Operations and related operating decisions for SME founders.
A factory starts a batch at 8am with wrong material (thought it was Grade A, actually Grade B). By noon, 2,000 units have been produced incorrectly. QC checkpoint at 4pm catches it. Loss: 2,000 units × $12 cost = $24K scrap. But it was preventable if caught at 8:15am.
5 min readA factory producing 10,000 units monthly at $10 COGS per unit accepts 2% scrap = 200 units wasted monthly = $2,000 cost. Over a year: $24,000. But if scrap is from a fixable process issue (machine calibration, operator error), it's preventable waste. AskBiz tracks yield by batch to spot patterns.
5 min read