Strategic KPI’s for Manufacturing Growth - Operations
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. Next, we’ll dive into Operations.
Operations KPI’s for Manufacturing
Staffing:
Staff availability and efficiency are crucial for managing daily operations. Monitor attendance, performance, and employee utilization.
Operating Margin:
Also called Return on Sales (ROS), operating margins measure profits after paying variable costs before interest or tax. They are a vital metric to measure topline operational performance.
Quote-to-Cash Cycle:
Quote-to-cash is the time from customer quote to cash receipt. This topline metric reflects efficient order cycles, fulfillment, and accounts receivable collection business processes.
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.
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