Strategic KPI’s for Manufacturing Growth - Manufacturing
There are thousands of facets of your manufacturing business that can be monitored and adjusted to drive improvement and grow success. It can be overwhelming to keep track of every metric - work smarter by focusing on the crucial components that will grow your business strategically.
In this 4 part series of blog posts we will be highlighting the Key Performance Indicators that successful manufacturers use to grow their business strategically. In this blog we will take a look at manufacturing KPI’s.
Manufacturing KPI’s for Manufacturers
Throughput:
Throughput is a critical metric for manufacturing businesses. Measure throughput using production volume by units produced or as a percentage of total production capacity.
Schedule Attainment:
Analyze actual production completion dates compared to required dates to understand how manufacturing performs against customer requests and requirements.
Utilization and Efficiency:
Monitor labor and machine utilization and efficiency to spot issues and identify ways to reduce costs and improve profitability.
Acumatica ERP’s Manufacturing Solution is fully integrated with distribution, accounting and CRM putting all your KPI’s at your fingertips with anywhere anytime access.
Take a deeper dive…
Dive into Acumatica’s eBook Manufacturing Metrics That Really Matter for more information about strategic manufacturing KPI’s and metrics.
Implement Acumatica ERP with Hudson River Computing to optimize your business operations and grow your success.
A successful business starts with a successful business solution - trust us to deliver the ERP system your manufacturing needs. Please reach out to us with any questions or to set up a free demo. Contact us here.