Manufacturing KPIs, Metrics & Benchmarks

KPIs & Metrics to Measure and Manage Manufacturing & Production Performance

Production

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KPI's & Data 

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Percentage of Component Parts Tracked

The number of component parts that the company tracks in ERP or inventory management systems divided by the total number of component parts used and/or stored over the same period of time, a...

KPI Type : Quality

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Inventory Value: Raw Materials

The total dollar value of raw materials within the company's inventory at a certain point in time. Raw materials are substances used in the primary production or manufacturing of a product o...

KPI Type : Volume

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Inventory Value: Components (Intermediate Goods)

The total dollar value of components, or intermediate goods, within the company's inventory at a certain point in time. Intermediate goods are pre-fabricated parts (not raw materials) that a...

KPI Type : Volume

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KPI's & Data 

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Inventory Value: Finished Goods

The total dollar value of finished goods within the company's inventory at a certain point in time. Finished goods are the output of the production or manufacturing process; these items are...

KPI Type : Quality

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KPI's & Data 

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Inventory Value: Replacement Parts

The total dollar value of material considered to be replacement parts within the company's inventory at a certain point in time. Replacement parts are materials or components available to be...

KPI Type : Quality

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KPI's & Data 

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Inventory Value: Obsolete Goods

The total dollar value of obsolete goods within the company's inventory at a certain point in time. Obsolete goods are materials/goods that are no longer manufactured/sold.

KPI Type : Quality

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KPI's & Data 

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Average Shelf Life: Finished Goods

The average number of days (Includes business and non-business days) that finished goods remain in company inventory facilities prior to shipment to customers.

KPI Type : Quality

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KPI's & Data 

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Average Shelf Life: Obsolete Goods

The average number of days (Includes business and non-business days) that the company retains obsolete goods (i.e., goods that are no longer manufactured/sold) in company storage facilities.

KPI Type : Quality

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KPI's & Data 

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Average Shelf Life: Raw Materials

The average number of days (Includes business and non-business days) that raw materials remain in company inventory facilities prior to use in the manufacturing process.

KPI Type : Quality

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KPI's & Data 

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Average Shelf Life: Components

The average number of days (Includes business and non-business days) that components (i.e., pre-fabricated parts used in the manufacturing of finished goods) remain in company inventory faci...

KPI Type : Quality

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KPI's & Data 

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Average Shelf Life: Replacement Parts

The average number of days (Includes business and non-business days) that replacement parts or components (components available to be used in the place of another if the original is unavaila...

KPI Type : Quality

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KPI's & Data 

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Planned vs. Actual Shelf Life

The percent difference in planned versus actual shelf life (measured in days) for all components, products and materials in the company's storage facilities. This metric can be analyzed sepa...

KPI Type : Quality

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KPI's & Data 

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Planned vs. Actual Shelf Life: Finished Goods

The percent difference in planned versus actual shelf life (measured in days) for finished goods in company storage facilities.

KPI Type : Quality

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KPI's & Data 

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Planned vs. Actual Shelf Life: Obsolete Goods

The percent difference in planned versus actual shelf life (measured in days) for obsolete goods (i.e., goods that are no longer manufactured/sold) in company storage facilities.

KPI Type : Quality

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KPI's & Data 

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Planned vs. Actual Shelf Life: Raw Materials

The percent difference in planned versus actual shelf life (measured in days) for raw materials (i.e., substances used in the primary production or manufacturing of a product or good) in com...

KPI Type : Quality

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KPI's & Data 

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Total Volume: Work Orders

The total number of work orders received/initiated over a certain period of time.

KPI Type : Volume

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KPI's & Data 

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Percentage of Work Orders Completed On-Time

The number of work orders closed on-time (within the company's SLA and/or the time promised to the customer) divided by the total number of work orders issued over the same period of time, a...

KPI Type : Service

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KPI's & Data 

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Percentage of Rework Originated Work Orders

The number of work orders that result from a failure to correct the original problem divided by the total number of work orders issued over the same period of time, as a percentage.

KPI Type : Quality

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KPI's & Data 

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Percentage of Work Orders Delayed Due to Material Shortage

The number of work orders that are delayed because of material shortages divided by the total number of work orders received over the same period of time, as a percentage.

KPI Type : Quality

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KPI's & Data 

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Percentage of Work Orders in Progress

The number of work orders that have been started but are not yet finished (i.e., work orders in progress) divided by the total number of work orders received over the same period of time, as...

KPI Type : Quality

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KPI's & Data 

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Number of Work Orders in Backlog

The total number of work orders in the backlog (i.e., work orders not yet in progress) at a certain point in time.

KPI Type : Volume

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KPI's & Data 

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Percentage of Work Order Covered Maintenance

The number of maintenance hours outlined and covered by a work order divided by the total number of maintenance hours worked over the same period of time, as a percentage.

KPI Type : Quality

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KPI's & Data 

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Percentage of Scheduled Maintenance Work

The number of maintenance hours spent on scheduled maintenance work divided by the total number of maintenance hours worked over the same period of time, as a percentage.

KPI Type : Service

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KPI's & Data 

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Percentage of Preventative Maintenance Work

The number of maintenance hours spent on preventative maintenance work (typically performed to ensure machines and equipment stay in working order and to fix any minor issues those said mach...

KPI Type : Service

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KPI's & Data 

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Unscheduled Maintenance Downtime

The number of hours during which a machine or factory equipment is down for unscheduled maintenance (typically due to a malfunction) at a certain point in time.

KPI Type : Quality

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KPI's & Data 

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Scheduled Maintenance Downtime

The number of hours during which a machine or factory equipment is down for scheduled maintenance (typically to ensure that the machine or equipment is in working order and to repair anythin...

KPI Type : Quality

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KPI's & Data 

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Maintenance Shutdown Overrun Time

The difference between the length of time for which a machine or factory equipment is down for maintenance (scheduled or unscheduled) and the amount of time allotted for such maintenance at...

KPI Type : Quality

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KPI's & Data 

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Actual Maintenance Expense as a Percentage of Budgeted Maintenance Expense

The maintenance expense actually incurred divided by the expense budgeted by the company to be allocated towards maintenance activities at the same point in time, as a percentage.

KPI Type : Cost

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KPI's & Data 

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Maintenance Expense as a Percentage of Total Expense

The expense incurred through maintenance-related activities (scheduled or unscheduled) performed by the company divided by the total expense incurred by the company at the same point in time...

KPI Type : Cost

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KPI's & Data 

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Labor Expense as a Percentage of Total Supply Chain Expense

The total expense incurred by labor (salaries, benefits, etc.) within the company's supply chain functions (procurement, materials management, distribution, etc.) divided by the total expens...

KPI Type : Cost

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