![]() Generally, a company should not track more than ten manufacturing KPIs in order not to overly complicate matters. Greatly depending on the sector they operate in. And what is important to companies may vary There is a reason why KPIs are “Key” Performance Indicators.Īlthough you can use any type of metric to gauge any kind of performance, KPIsĪre those that matter the most. SettingĬertain goals and tying them to metrics, however, is a surefire way toĪccurately measure your progress and improve the processes in question. Tracking a huge number of metrics without really thinkingĪbout their value to your business is therefore mostly a waste of time. Making these metrics key indicators of success or failure. Indicators, however, are related to specific business goals you have set, Quantifiable measures of performance in one area or another, the term “metrics”Įncompasses every single value you can measure. The difference between the two lies in their purpose. Top 10 most important Manufacturing KPIsĮven though all KPIs are metrics, not all metrics get to be. ![]()
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