How do you measure success on the shop floor? By the number of people who order your products? The number of sales you make each month?
There’s much more to it than just that.
A production manufacturing execution system will let you track every aspect of shop floor activity — orders, staff, equipment, idle time, costs, you name it.
Here are the maintenance key performance indicators (KPIs) you need to track this year:
Demand Accuracy
Supply and demand from consumers and suppliers influence your shop floor activity. You might experience more orders at certain times of the year, for example.
It can be difficult to track demand properly on the shop floor without the right software. However, the latest production manufacturing execution tools provide you with the intelligence you need, so you can bridge the gap between forecasted demand and actual demand.
This metric can be useful for optimizing inventories, so you have enough materials and products to meet demand.
Worker Performance
Want to know how well your team is performing on the shop floor? Worker performance metrics provide you with the answer you are looking for. This KPI lets you track each worker’s performance in real-time. This allows you to identify the best-performing staff members.
The best production tracking software works with integrated punch clock tracks so you can measure the amount of time your employees spend at work and carrying out duties.
Overall Equipment Effectiveness (OEE)
This is one of the most important KPIs you need to track in 2019 because it provides you with insights into machine maintenance.
OEE lets you know the current state of your machines —which machines are working, which ones need repair, etc. — so you can make smarter decisions on the shop floor and resolve equipment failure problems before they happen. Without it, you could experience production bottlenecks that impact the flow of goods through your production funnels.
Quality Management
Quality management metrics let you check quality parameters in your organization. This could improve customer satisfaction and result in more orders.
The latest software will generate real-time reports about quality management and you can use this data to finetune your production workflows and processes.
If you want to optimize shop floor activity, use the four metrics above with the right manufacturing execution system. A good way to keep an eye on those metrics is to manage your Maintenance KPIs with a Manufacturing software like Prodsmart. Sign up now and find out how Prodsmart can help you.