This handy book is a working reference for QRM practitioners using the MCT metric. MCT is a time-based metric that supports continuous improvements projects, since it quantifies an organizations’s total system-wide waste. Properly used, MCT does not need to be data-intensive and can be relatively easy to apply. Thus, by comparing ‘before’ and ‘after’ values, MCT provides a simple yet powerful metric with which to measure improvement.
Although the origins of MCT are in manufacturing – the acronym stands for Manufacturing Critical-path Time – the metric can be used in many contexts including supply chains, insurance, banking, health care and other industries.
This Guide provides the key rules and guidelines for using MCT. It serves as a reminder of the main points as well as a checklist to ensure that you have taken into account the major items needed for MCT calculation and use.
Practitioners will appreciate the concise and easy-to-follow format. In particular, the formatting allows you to easily reference all the points for a given topic at one time.
This Guide is a ‘must-have’ for anyone using MCT in continuous improvement projects!