What is the big deal about giveaway? Andrew Key describes it as the "portion of the product that is above the nominal weight; this part is not charged for and therefore equates to lost profits," in an article for Matthews Intelligent Identification.
Why top manufacturers monitor giveaway in real-time
Overproduction is one of the major processing wastes and can be very costly if left unaccounted for. By monitoring giveaway and quantifying and qualifying overproduction you will be better able to maintain a profitable and high quality product. Connecting a scale or a checkweigher easily allows automatic data collection for giveaway KPIs.
Key writes, "The ROI of your checkweigher essentially comes down to the giveaway; that is, the portion of your product that is not charged for. You can monitor current processing weight compared to targeted weight to minimize giveaway." This is a key benefit of monitoring giveaway. "While it might not seem like much on the surface, even the tiniest amount of product over the nominal weight can quickly add up and impact your bottom line."
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