Business Intelligence in Manufacturing
Common Key performance indicators for Manufacturing makes success measurable.
- Degree of rejects: expresses the ratio between rejects and total.
- Reject rate: represents the percentage of rejects throughout the whole production.
- Degree of occupancy: designates the ratio of the occupancy times of all participating workstations to the total processing time of the orders.
- Occupancy rate: describes the relationship between the occupancy time of a machine and the scheduled occupancy time.
- Throughput rate: index for the performance of a process, therefore what quantity is produced per unit of time.
- Effectiveness: measures the performance of a process.
- Fall off Rate: indicates how high the reject rate is in relation to the quantity produced in the first working day.
- First Pass Yield (FPY): the measure of direct process quality in terms of jobs and product.
- Rework Rate: expresses the percentage of total production that includes rework.
- Net Equipment effectiveness (NEE): Indicates losses due to plant downtime, cycle time losses and losses due to defective and reworked products.
- Degree of utilization: the proportion of the main usage time over the entire occupancy time, i.e. a measure of the productivity of the machine.
- Employee Productivity: provides information about the relationship between the employee’s order-related hours of work and the total time of attendance.
- Overall Equipment Effectiveness (OEE): represents the used availability and the effectiveness of the production unit and their quality rate summarized in a key figure (GAE = Overall Efficiency).
- Process grade: is an index of economy and efficiency of manufacturing.
- Quality rate is the ratio of the yield to the quantity produced.
- Degree of setup: is an index of the setup component relative to the machining time on the machine.
- Technical efficiency: depicts the efficiency of a machine.
- Availability: indicates how much the capacity of the machine is used for the value-added functions in relation to the planned availability.
- 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)