What is actual cycle time in SAP MFG-DM-MI - Digital Manufacturing Insights?

SAP Term: actual cycle time

• Component: MFG-DM-MI

• Component Name: Digital Manufacturing Insights

• Description: Actual cycle time is the amount of time taken to complete a production order excluding the overlap time, idle time, and holidays.

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• Key Concepts: 
  Actual Cycle Time is a metric used in SAP’s Digital Manufacturing Insights (MFG-DM-MI) component to measure the amount of time it takes for a product to move through the production process from start to finish. It is calculated by subtracting the start time of a product from the end time of the same product. 
  
  How to use it: 
  Actual Cycle Time can be used to measure the efficiency of a production process. By tracking this metric over time, manufacturers can identify areas where they can improve their production process and reduce cycle times. This metric can also be used to compare different production processes and identify which one is more efficient. 
  
  Tips & Tricks: 
  When tracking Actual Cycle Time, it is important to ensure that all data points are accurate and up-to-date. This will ensure that the metric is an accurate representation of the production process. Additionally, it is important to track this metric over time in order to identify any trends or changes in the production process. 
  
  Related Information: 
  Actual Cycle Time is related to other metrics such as Average Cycle Time and Lead Time. Average Cycle Time measures the average amount of time it takes for a product to move through the production process, while Lead Time measures the amount of time it takes for a product to move from start to finish, including any delays or waiting periods.