Key Risk Indicators (KRI) for Manufacturing Performance Indicators
KRI (Key Risk Indicators) allows BI professionals from the Manufacturing area
measure and control business risks.
KRI for Manufacturing business niche
The KRI for Manufacturing Performance Indicators may address such indicators as:
- manufacturing
- financial perspective
- % increase in revenues
- % reduction in logistics and distribution costs
- % decrease in re-work costs
- % savings in manufacturing/management costs
- customer perspective
- number of complaints
- on-time deliveries
- % increase in production yields
- % improvement in cycle time
- internal processes perspective
- % reduction in scraps/waste
- % decrease in idle time of machines
- % increase in resource utilization
- % improvement in labor productivity
- innovation and growth perspective
- number of technical training sessions
- statistical process control (spc) tools
- number of inter-group meetings
- number of process knowledge initiatives
Why BI and risk specialists from the Manufacturing should KRI toolkit and indicators?
Key Risk indicators allows to estimate and control business risks..
Try the KRI Toolkit from Manufacturing Estimation you will learn how to:
- build and use KRI;
- KRI: do-s and don’ts
- you'll have ready to use KRI template;
- you'll learn about practical application of KRI;
- toolkit includes KRI vs. KPI and Balanced Scorecard;
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