{"id":9218,"date":"2023-03-31T10:05:40","date_gmt":"2023-03-31T16:05:40","guid":{"rendered":"https:\/\/erpsoftwareblog.com\/cloud\/?p=9218"},"modified":"2023-03-31T10:05:40","modified_gmt":"2023-03-31T16:05:40","slug":"top-12-key-performance-indicators-for-manufacturing","status":"publish","type":"post","link":"https:\/\/erpsoftwareblog.com\/cloud\/2023\/03\/top-12-key-performance-indicators-for-manufacturing\/","title":{"rendered":"Top 12 Key Performance Indicators for Manufacturing"},"content":{"rendered":"

 <\/p>\n

Most manufacturers need help with tracking and management of their production processes. The right key performance indicators (KPIs) can help manufacturers track the production metrics and measure the key strengths and weaknesses within the production environment.<\/p>\n

Why Should Manufacturers Use Manufacturing KPIs?<\/strong><\/p>\n

Manufacturing KPIs are quantifiable production performance measures manufacturers use to boost productivity, improve customer satisfaction, and lower costs. Monitoring KPIs helps manufacturers track essential metrics, evaluate performance, and make necessary adjustments. But which KPI production metrics should you measure and when?<\/p>\n

Top 12 Manufacturing KPIs and How to Calculate Them<\/strong><\/p>\n

1.\u00a0\u00a0\u00a0\u00a0 On-time Delivery<\/strong> to attract new customers and retain existing ones.<\/p>\n

2.\u00a0\u00a0\u00a0\u00a0 Production Schedule Attainment<\/strong> to determine the performance issues that can impact deliveries.<\/p>\n

3.\u00a0\u00a0\u00a0\u00a0 Total Cycle Time<\/strong> to evaluate the time taken to complete the customer order, from production to shipment.<\/p>\n

4.\u00a0\u00a0\u00a0\u00a0 Throughput<\/strong> to check the overall machine performance in real-time.<\/p>\n

5.\u00a0\u00a0\u00a0\u00a0 Capacity Utilization<\/strong> to ensure that machines run at maximum capacity and increase efficiency.<\/p>\n

6.\u00a0\u00a0\u00a0\u00a0 Changeover Time<\/strong> to track the production run time and evaluate the areas for improvement.<\/p>\n

7.\u00a0\u00a0\u00a0\u00a0 Yield<\/strong> to measure the products manufactured without errors based on the total production.<\/p>\n

8.\u00a0\u00a0\u00a0\u00a0 Scrap<\/strong> to track the raw material that is not used in production.<\/p>\n

9.\u00a0\u00a0\u00a0\u00a0 Planned Maintenance<\/strong> to determine the emergency maintenance as a part of the total maintenance.<\/p>\n

10.\u00a0 Availability<\/strong> to measure the uptime and downtime of machines.<\/p>\n

11.\u00a0 Customer Return Rate<\/strong> to identify the rejected goods by customers.<\/p>\n

12.\u00a0 Overall Equipment Effectiveness<\/strong> to measure the ability of equipment for production in context to availability, performance, and quality.<\/p>\n

Learn more<\/a>\u00a0about important manufacturing production KPIs and how to calculate them.<\/p>\n

Make Your KPIs Actionable with Modern Cloud Manufacturing ERP Solution<\/strong><\/p>\n

Modern Cloud Manufacturing ERP offers advanced functionality to identify and capitalize on various ways to increase productivity and revenues. It provides dashboards that indicate the KPIs to gain real-time business insights. The pre-defined KPIs of ERP help manufacturers track critical management issues, analyze information, and make improvements as needed. Learn how a modern cloud manufacturing ERP system<\/a> can make these KPIs actionable.<\/p>\n","protected":false},"excerpt":{"rendered":"

  Most manufacturers need help with tracking and management of their production processes. The right key performance indicators (KPIs) can help manufacturers track the production metrics and measure the key strengths and weaknesses within the production environment. Why Should Manufacturers Use Manufacturing KPIs? Manufacturing KPIs are quantifiable production performance measures manufacturers use to boost productivity, […]<\/p>\n","protected":false},"author":84,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[19],"tags":[72,1001,767],"class_list":["post-9218","post","type-post","status-publish","format-standard","hentry","category-erp-for-manufacturing","tag-cloud-erp","tag-kpi","tag-manufacturing"],"acf":[],"_links":{"self":[{"href":"https:\/\/erpsoftwareblog.com\/cloud\/wp-json\/wp\/v2\/posts\/9218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/erpsoftwareblog.com\/cloud\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/erpsoftwareblog.com\/cloud\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/erpsoftwareblog.com\/cloud\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/erpsoftwareblog.com\/cloud\/wp-json\/wp\/v2\/comments?post=9218"}],"version-history":[{"count":3,"href":"https:\/\/erpsoftwareblog.com\/cloud\/wp-json\/wp\/v2\/posts\/9218\/revisions"}],"predecessor-version":[{"id":9221,"href":"https:\/\/erpsoftwareblog.com\/cloud\/wp-json\/wp\/v2\/posts\/9218\/revisions\/9221"}],"wp:attachment":[{"href":"https:\/\/erpsoftwareblog.com\/cloud\/wp-json\/wp\/v2\/media?parent=9218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/erpsoftwareblog.com\/cloud\/wp-json\/wp\/v2\/categories?post=9218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/erpsoftwareblog.com\/cloud\/wp-json\/wp\/v2\/tags?post=9218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}