Every kind of manufacturing company, in all industry segments including automotive, food and beverage, health and beauty, electronics, industrial machines, metal fabrication, plastics, etc., rely on measurements to monitor business activities and performance, document successes and challenges, and help direct management decision-making.
Of course, while we measure a number of parameters simply to comply with mandatory accounting and reporting requirements, smart management will incorporate those measurements into valuable intelligence that helps run the business more effectively and more efficiently.
“KPIs are a standard business management tool that is becoming both more powerful and at the same time easier to use thanks to packaged Business Intelligence and Executive Information Systems applications that are part of a comprehensive back office software system.”
In this whitepaper, you’ll learn:
- What is a key performance indicator
- Types of KPIs and those specific to manufacturing
- How to use and reap the benefits of KPIs
- Ongoing KPI maintenance including adjustments and expansions
Download the whitepaper now to learn more.