ToolsGroup
AUGUST 11, 2020
Most use ‘forecast accuracy’ as the main KPI to do this. Therefore it follows logically that filling orders–or order line fill rate (OLFR)–should be the number one KPI that tells you whether you’re meeting service levels. First, we need to establish: what’s the whole point of supply chains? To service demand!
Silvon Software
APRIL 8, 2022
To achieve this growth, successful manufacturers today are relying on key performance metrics and automating many aspects of their data management processes to gain valuable business insights that can be used to meet their organizations’ performance goals. The Basics of Manufacturing KPIs. Every KPI needs a clearly defined goal.
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Silvon Software
MAY 21, 2024
For instance, if your strategic goal is to improve customer satisfaction and you are not meeting expectations, you can examine smaller operational metrics tied to the KPI to understand what’s affecting its performance. See how we can help you execute your KPI strategy and performance management initiatives from the C-suite to the plant floor.
Unleashed
JULY 23, 2023
Key Performance Indicators (KPIs) help manufacturers determine operational strengths and flaws. By tracking the right manufacturing KPIs in your production operations you can accurately monitor performance to ensure the consistent and timely delivery of quality products.
Silvon Software
JUNE 23, 2020
As I mentioned in my previous post, Sales Dashboards – 16 Metrics for Manufacturers , a strategy for measuring business performance should also incorporate metrics that focus on the supply chain and other operational areas of the enterprise. Nevertheless, measuring supply chain performance is critical for a manufacturing concern.
Silvon Software
JULY 22, 2022
In fact, such KPIs are so crucial right now that the supply chain analytics market is expected to reach nearly $17 billion by 2027 as companies ramp up their supply chain performance management initiatives. Why is KPI tracking so important in supply chain management? Top-Line KPIs and Metrics for Supply Chain Management.
DELMIA Quintiq
SEPTEMBER 16, 2021
Meeting these objectives, on top of addressing existing industry challenges, requires steel manufacturing companies to become more efficient and flexible in their operations—and this means optimizing their master production schedules. As your steel manufacturing operations transform, so too will the complexity of your planning needs.
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