Manufacturing
Key Performance Indicator examples
Select your Key Performance Indicators (KPIs) from the Performance Measures listed below:
÷ Electricity consumption per manufactured product
Measures the amount of electricity used for manufacturing a product.
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# Hazardous raw material per kilogram of product
Measures the amount of hazardous raw materials that are used in producing one kilogram of product. Hazardous materials include materials that are radioactive, flammable, explosive, reactive, corrosive, oxidizing, asphyxiating, biohazardous, toxic, pathogenic, or allergenic. They can cause death, serious injury, long-lasting negative health effects, and damage to objects, buildings and environment.
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% Lost manufacturing capacity
Measures the percentage of the manufacturing capacity that is lost or unused.
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% Slow moving stock
Measures the percentage of stock that has not moved in the defined number of days. The defined number of days are less than the ones established for obsolete items.
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$ Obsolete stock
Measures the value of inventory items that were replaced by an alternative and rendered unusable or diminished in value. These items will either be discarded, recycled or sold at a discounted price.
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% Distressed stock
Measures the amount of stock products that have spoiled, become ruined, out of fashion, or are otherwise impossible to sell on the standard market. It also includes computer or consumer-electronic equipment that is obsolescent or discontinued and whose manufacturer is unable to support it.
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# Decoupling stock
Measures the amount of inventory accumulated between two interdependent operations as a buffer against breakdowns or unevenness in machine production rates. By having a decoupling stock the need for output synchronization is reduced.
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# Working stock
Measures the amount of stock available (or planned to be available) for the normal demand, excluding excess stock and safety stock. It is formed by products that are arriving infrequently and in large quantities, to meet frequent but small-quantity demands.
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# Anticipation stock
Measures the stock kept at hand to meet seasonal fluctuations in demand or to meet the shortfall caused by erratic production.
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# Reorder point (ROP)
Measures the level of inventory when a new order should be placed with suppliers to bring the inventory up.
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