Today I save a lot of time typing – since there is a great article on the topic – written by McKinsey and Company.
As I have written about this topic in earlier posts – I can only recommend to read this piece as well:
On a related topic, a good old friend and former colleague of mine – Subramanian “Subbu” Pazhani – provided me as a guest author to the blog a great paper with the title
Analyzing Fab Bottlenecks – a Quantitative View
If you are interested to dive in a bit deeper on the impact of variability on equipment – hence FAB – performance, please have a look below.
Subbu is teaching Factory Physics at the NC State University in Raleigh, NC and a long time Factory Physics practitioner in the semiconductor industry.
Factory Physics and Automation blog 