Available Time

TermiKnowledge - Supply Chain, Procurement and Inventory Terminologies
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CIOP is an end-to-end supply chain certification program that focuses on practical aspects in addition to the theoretical concepts. For example, a typical supply chain certification may teach what is cycle counting and how to do the ABC classification. CIOP starts with these fundamental concepts and goes on to teach the participants to develop the cycle counting policy of an organisation, 10+ criteria used in ABC classification, multi-criteria ABC classification and cycle counting best practices to increase the efficiency and effectiveness. In case of CIOP, you learn the concepts and will be ready to implement in your day-to-day job in supply chain. The pedagogy is structured such a way that all the concepts are explained with industry examples, which makes CIOP as the preferred training and certification program for supply chain within the industry.

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In any enterprise, available time represents the difference between total consumed effort and total productive output. The available time may be defined as the sum of all period i.e. active time and inactive time. Productive time refers to the time spent by users in a particular process. In a supply chain management approach, the available time in the production phase refers to the time spent by producers on raw materials and by consumers on finished goods for their consumption after the processing phase.

Available Time Lines in Supply Chain Management Time allocation for activities within a production phase is calling available time slots. A logical allocation is determined by first determining the maximum number of possible active time slots to be occupied by each process in the sequence. After this first step, the slot time required by each process can be individually assigned. These assigned time slots are called available time slots. In a production process, the maximum number of possible active time slots can be further calculated by dividing the number of processes by the total number of potential active slots. This gives us the maximum number of hours possible for each process to be worked upon and is called the productive hour limit of a process.

The concept of available time slots in Supply Chain Management can be further analyzed by looking at the way users access the data produced by each process. In order to access this data, users can either physically visit the place where the information is stored or make use of computer-based applications that help in accessing the information more quickly. Computer based applications to facilitate users in accessing data more quickly by calculating the most possible combinations of physical and logical access times to get the desired results. Physical access time can be computed by measuring the time it takes an employee to go from one location to another. logical access time is measured by measuring the time it takes an administrator to decide which process needs priority and to which location he or she will transfer the job. In short, we can say that allocating available time slots to all processes in a production process helps in maximizing productivity by reducing the overall effort required by employees in completing their tasks.

Certified Inventory Optimization Professional 

CIOP is an end-to-end supply chain certification that contains 30 modules such as Introduction to Supply Chain Management, All About Inventory, Production Planning System, Strategic Business Planning, Sales & Operations Planning, Master Scheduling, Material Requirements Planning, Demand Management, Capacity Management, Forecasting, Production Activity Control, Procurement, Order Quantities, Independent Demand Ordering Systems, Warehouse Management, Transportation Management, Supplier Relationship Management (SRM), Customer Relationship Management (CRM), Introduction to Quality, Introduction to Packaging, Introduction to Process, Lean, Six Sigma, Total Quality Management, Theory of Constraints, Supply Chain Technologies, Supply Chain Techniques, Industry 4.0, International Standards and Supply Chain Risk, Safety and Security. 

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CIOP Knowledge Series

One-Minute Supply Chain Facts

The most recent video is available here. To access the past videos in the One-Minute Supply Chain Facts Series, please click the playlist icon located on the Top-Right of the video.

 

 

 

 

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