KPI Examples

Performance management starts with figuring out what to measure.

Example KPIs for the Manufacturing Industry

  • Asset utilization
  • Availability
  • Avoided cost
  • Capacity utilization
  • Comparative analytics for products, plants, divisions, companies
  • Compliance rates (for government regulations, etc.)
  • Customer complaints
  • Customer satisfaction
  • Cycle time
  • Demand forecasting
  • Faults detected prior to failure
  • First aid visits
  • First time through
  • Forecasts of production quantities, etc.
  • Increase/decrease in plant downtime
  • Industry benchmark performance
  • Integration capabilities
  • Interaction level Inventory
  • Job, product costing
  • Labor as a percentage of cost
  • Labor usage, costs-direct and indirect
  • Machine modules reuse
  • Maintenance cost per unit
  • Manufacturing cost per unit
  • Material costing, usage
  • Mean time between failure (MTBF)
  • Mean time to repair
  • Number of production assignments completed in time
  • On-time orders
  • On-time shipping
  • Open orders
  • Overall equipment effectiveness
  • Overall production efficiency of a department, plant, or division
  • Overtime as a percentage of total hours
  • Percentage decrease in inventory carrying costs
  • Percentage decrease in production-to-market lead-time
  • Percentage decrease in scrap and rework costs
  • Percentage decrease in standard production hours
  • Percentage increase in productivity
  • Percentage increase in revenues
  • Percentage material cost reduction
  • Percentage reduction in defect rates
  • Percentage reduction in downtime
  • Percentage reduction in inventory levels
  • Percentage reduction in manufacturing lead times
  • Percentage savings in costs
  • Percentage savings in inventory costs
  • Percentage savings in labor costs
  • Percentage savings in transportation costs
  • Planned work to total work ratio
  • Predictive maintenance monitoring (maintenance events per cycle)
  • Process capability
  • Productivity
  • Quality improvement (first-pass yield)
  • Quality tracking-six sigma
  • Reduced time to productivity
  • Reduction in penalties
  • Savings in inventory carrying costs
  • Scheduled production
  • Spend analytics
  • Storehouse stock effectiveness
  • Supplier trending
  • Time from order to shipment
  • Time on floor to be packed
  • Unplanned capacity expenditure
  • Unused capacity expenditures
  • Utilization
  • Waste ration reduction
  • Work-in-process (WIP)

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