Get to know the vital terms of Logistics and Supply Chain Management.
Takt time, the heartbeat of any lean manufacturing system, is the rhythm of production in line with the rate of client demand. It is computed by dividing the pace of consumer demand by the available manufacturing time. For example, if the available capacity is 420 minutes per day and demand is 10,000 units per month or 500 units per day, the takt time would be 420 minutes per day divided by 500 units per day, or 0.84 minutes per unit. This indicates that a unit should leave the production system approximately every 0.84 minutes on average.