In the fast-paced world of manufacturing, optimizing performance is key to staying ahead. Curious about how KPIs can transform your manufacturing operations? Discover the significance of KPIs in gauging efficiency, productivity, and overall success in our latest article. Learn about essential metrics and criteria for setting effective KPIs to align with organizational objectives. https://rebrand.ly/irih4v5

1. KPIs What They Are:
Decipher key performance indicators in manufacturing
by Yuliia Nykytchenko

2. Content
What is KPI
3
Essential KPIs in Manufacturing
4
Criteria for Setting Effective KPIs
5
Streamlining KPI Management with Software Solutions
6
The Power of Manufacturing Reporting Software
7
Choosing the Right KPI Software
8
Contacts
9

3. What is KPI
Key Performance Indicators (KPIs) serve as
guiding metrics, enabling companies to gauge
their efficiency, productivity, and overall
success.
KPIs are quantifiable measurements that help
organizations evaluate their success in
meeting strategic objectives.

4. Essential KPIs in Manufacturing
Operational
Efficiency:
Financial
Performance;
Customer
Satisfaction:
Quality
Management:
Overall Equipment Effectiveness, Cycle Time,
Throughput, Changeover Time, Production
Attainment
Inventory
Management:
Cash to Cash Cycle Time, Manufacturing Cost
Per Unit, Return on Assets, Revenue Per
Employee
First Pass Yield, Defect Density, Rate of Return,
Right First Time, Overall Operations
Effectiveness
Customer Rejects, On-time Delivery, Rate of
Customer Returns, Right First Time Production
Volume
Inventory Turnover Ratio, Inventory Accuracy,
Storage Capacit, Utilization Supplier Lead Time,
Supplier On Time In Full

5. Criteria for Setting Effective KPIs
Setting Key Performance Indicators (KPIs) is more than just picking out a few numbers to
track. It involves aligning these metrics with the core objectives of your organization and
ensuring they seamlessly integrate into your business processes.
Aligning KPIs with
Organizational Objectives
Involving Various Teams
and Departments

6. Accessibility for Teams
Reducing Duplicate Data
Data Protection and Security
Safeguarding KPI data against accidental deletion or loss is
paramount. While the threat of hackers may not be
immediate, ensuring data integrity and accessibility is
crucial for business continuity
IAccess to KPI data should be seamless and instantaneous
for all relevant teams. Ensuring that everyone has the
information they need to perform their roles is essential for
operational efficiency
Keeping multiple versions of the same data leads to
confusion and inefficiency. Maintaining a single, centralized
copy ensures consistency and accuracy across the board
Streamlining KPI Management with
Software Solutions

7. Automated Data
Processing
The Power of Manufacturing
Reporting Software
Centralized Data
Management
Integration Capabilities
Real-Time Updates

8. Choosing the Right KPI Software
Identify Your Needs
User-Friendly Interface
Reporting and Analytics
Integration Capabilities
Support and Scalability

9. Contacts
wwg.it
ask@wwg.it
+39 328 7889272
USA
Italy
Poland
Ukraine
Via Solferino 39 Lissone
50 Milk Street, 16th Floor
Boston, MA 02109
Vinnytsia, 1 600-Richcya Street
Krakow 31-153, Poland Ul. Szlak 77 / 222

10. thank you!