Part II of two. Read Part I here. Effective KPI management requires an emphasis on accountability, transparency and comprehensive communication. When implemented well, it allows organizations to ...

LTS Data Point is a KPI tracking software that links strategic objectives directly to shop-floor execution, supported by built-in Lean tools for root cause anal ...

Compiled ByDave Schafer Silvon Software Inc. has included more than 65 additional Key Performance Indicators (KPIs) into its newly released Stratum Version 2.0 suite of business performance-management ...

While smart manufacturing is centered around digitally transforming manufacturing operations to create new and better ways of doing business, data is also key. Unlocking new capabilities, reducing ...

Measuring a supplier’s adherence to contractual service levels is at the core of supplier performance management. Yet, while every organization tracks key performance indicators (KPIs) on some level, ...

Key performance indicators or KPIs are essential measurements that lead to improved business performance. Here are eight reasons you need to develop them. No. 1: KPIs simplify management. When you run ...

Performance management and reporting in chemical processing plants is essential to upper management in order to align employees, resources and systems to meet strategic objectives. However, the ...

The prediction became clear a decade ago that AI automation would replace manual tasks for everything from factory and manual labor to buying advertising media and tracking metrics and measurements ...

Key performance indicators, or KPIs, are used to create or define a way to measure process performance. For safety and risk, that means processes related to the number of safety or risk incidents, ...

When you contract to have work done for your company, you need a way to monitor and evaluate how well your contractors perform. A plan that includes measurable key performance indicators can keep you ...