Why are KPIs for manufacturing a priority in 2020?
Choosing the right KPIs for manufacturing companies will depend on what's most important (e.g., zero defects, 5-star customer ratings, etc.). Intelligent use of KPIs can direct business owners to areas of potential improvement in processes or resources. Key Performance Indicators (KPIs) is a type of performance measurement used to evaluate the success of an organization's activity and the present state of the business. We find that success is is accomplished by measuring goals reached or progress made with real-time data.