KPI Examples for the Manufacturing Industry
Manufacturing Key Performance Indicators and Metrics
Manufacturing KPIs and Metrics are well-defined quantitative metrics that monitor, analyze and optimize business production, process and performance. They provide valuable business insights for manufacturers to meet their organizational goals.
KPIs And Metrics
- Demand Forecasting
- Cost Per Unit
- Production Efficiency
- Quality Tracking-six sigma
- Spend Analytics
- Supplier Trending
- Storehouse Stock Effectiveness
- Unplanned Capacity Expenditure
- Utilization Compliance Rates
Examples of KPIs in Manufacturing
Production Volume
Production volume refers to how many units are produced in a given period. This KPI can be helpful in identifying resources that are performing slower than they expected. You can compare actual production rates to target rates and identify if some machines need maintenance or if workers need additional training.
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