management
Time charting and analysis
 

TIME CHARTING AND ANALYSIS

Time charting is a recent procedure that has arisen with the realisation of the importance of time as a competitive weapon. Time based competition recognizes that many customers value time, consider it an important dimension of quality, and are often prepared to pay a premium for a product or service delivered in less time.

It turns out that often there is a direct relationship between time taken and quality levels, but in the opposite way to what many people think. Reducing the time to make a product leads to less work in process and quicker detection of any problems that may have arisen. So defective processes can be stopped sooner and the amount of rework is reduced. The same effect is found in services; reducing the time often improves the feedback and leads to improvement before what has taken place is forgotten.

 

Time charting and analysis can be used in reducing manufacturing lead times, reducing product development times, and improving the turnaround in virtually any service industry The procedure has much in common with the use of the "7 tools", but is worth specific mention because the aims go well beyond the removal of quality problems. The critical path technique (CPA) has been used for over 40 years for project management, essentially to arrange the time co-ordination of a variety of activities. Versions of CPA do allow for "crashing"; that is the deliberate reduction of project time by using additional resources. This is a trade-off; less time for more cost. But in time charting and analysis the aim is to reduce time without an additional cost penalty or in fact to reduce both tune and cost.