Dickeson--Use the Right Efficiency Formula

So what are the basic resources that must be productive for the printer? They are:

• capital,
• materials,
• knowledge, and
• time.

All four must be achieving full productivity in order for the company to thrive. But, let your inventories and receivables pile up and there goes the capital. Likewise, as material waste rises, productivity of materials declines. Cut short training for new people or hire too many employees, you've bought time that's wasted.