Modular manufacturing Balanced Scorecard Metrics Template
Continuously changing market requirements, dreadful employee turnover ratio, increased rate of employee satisfaction, etc. are some common problems that manufacturing companies experience, and that-s why, even after reaching at a satisfactory level of performance the ever changing business world forces these companies to fall down at their initial position. Modular manufacturing has emerged as a solution to these problems of manufacturing companies. For this purpose, Key Performance Indicators (KPIs) can act as one of the best approach.
For modular manufacturing, KPIs can be divided into four broad perspectives. Financial perspective takes into consideration all the costs related to the implementation and development of this concept in the organization, and include indicators as % savings in inventory costs, % savings in transportation costs, % increase in revenues and % savings in labor costs.
Operational perspective helps in judging the various operations of modular manufacturing approach. It includes such perspectives as machines modules re-utilization, % decrease in production-to-market lead time, % reduction in manufacturing lead time and % increase in productivity.
Internal process perspective consists of KPIs like number of productions assignments completed on time, integration capabilities, interaction level and % reduction in down time.
% decrease in standard production hours, % decrease in defect rate, % reduction in inventory levels, and waste ratio reduction are the indicators involved in the fourth and the last perspective, i.e. Efficiency.
Modular manufacturing Metrics in Excel:
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Download trial version of
Modular manufacturing Performance Indicators.
Modular manufacturing Evaluation Balanced Scorecard is distributed
as an Excel file. Before purchase you can download a
trial version of the scorecard.
Modular manufacturing Evaluation Balanced Scorecard Excel file
contains a dashboard (see screenshots below), help information
section, Balanced Scorecard details.
- Purchase full version of
Modular manufacturing Performance Indicators. Immediately after your order will be processed you
will have a link to download Balanced Scorecard (BSC) Excel file and file
in
Balanced Scorecard Designer format.
- Use Modular manufacturing scorecard online with BSC Designer Online system. This SaaS solutions provides world-wide access to scorecards with any web-browser.
- It is necessary to start the design of KPIs with analysis of business problems, use Free SWOT Method Guide to perform this analysis. Check Balanced Scorecard Toolkit for scorecard designing instructions,
download Key Risk Indicators (KRI) Toolkit for risk management.
More ideas on using Modular manufacturing KPI: Modular manufacturing aims at changing manufacturing rules for better. The process has been touted to give way to another industrial revolution that will re-define the dynamics of manufacturing industry. Some of the benefits to emerge from this MPS (Modular Production Systems) thought are ‘lowered inventory level’, ‘decreased time to market’, savings due to less production costs’ etc. The underlying principle is that manufacturers should devote more of their time and energy in ‘product design’, ‘marketing’ and ‘sales’ of products and services rather being involved in shop-floor operations. Sophisticated and efficient hardware and software will be provided by capable people and engineers to leave manufacturers with ample resources to be put to better use. Looking at the basics, there are about two categories of MPS machine elements- PMPs (Process machine Primitives) and MAEs (Modular Actuator Elements). The reason for evolution of this discipline is the rise in concerns of ‘cost effectiveness’, ‘responsiveness’ and ‘shortening product-life cycles’. However, once the elements of modular manufacturing are in place, subject of monitoring it effectively starts raising its head. This can be tackled by bringing in the organization a management strategy called BSC i.e. Balanced Scorecard. One can out down the useful metrics on it to be followed at later stages for accurate tracking purposes. Several benefits have been extracted from this measurable approach.
More useful information for Manufacturing Estimation:
Business Intelligence (BI) for Manufacturing - measure performance with Modular manufacturing Scorecard for Excel
We have designed Modular manufacturing Balanced Scorecard (BSC) in MS
Excel, so now you can measure and control your performance using this popular
business tool. Download
trial
version right now.
Alignment with Balanced Scorecard and KPIs is a great way to control the performance of Manufacturing.
In comparison to other business performance measure and control methods, alignment with KPI is much more easier to implement and use.
Use Modular manufacturing scorecard to align business performance.
Why do I need these metrics?
MS Excel files that we distribute are a
spreadsheets packed with metrics information and the performance
calculation formulas.
It's a real-business information. We
invested in research that involved experts from Manufacturing Estimation industry who elaborated and shared certain metrics.
It's valuable, real-life experience which will help to improve the performance of your business.
I'm sure you understand the importance of measuring and controlling business using correct metrics, so this small investment will return in a great increase in sales.
To get a basic idea about what metrics to use. We learned a lot of business metrics and packed scorecard with the most successful.
To have a sample excel file, which is easy to modify to fit your needs. All Excel formulas are available for copy and change.
To start with measuring business performance. It's important to start with correct metrics, then you will be able to fulfill scorecard.
Modular manufacturing Evaluation Balanced Scorecard Screenshots

Metrics for Manufacturing Estimation. This is the actual scorecard with Modular manufacturing Performance Indicators and performance indicators.
The performance indicators include: modular manufacturing,financial perspective,% savings in inventory costs,% savings in transportation costs,% increase in revenues,% savings in labor costs,operational perspective,% decrease in production-to-market lead time,machine modules re-utilization,% reduction in manufacturing lead times,% increase in productivity,internal processes perspective,number of production assignments completed in time,integration capabilities,interaction level,% reduction in down time,efficiency,% decrease in standard production hours,% reduction in defect rate,% reduction in inventory levels,waste ratio reduction
.
These indicators can be converted from text into the visualized view with BSC
Designer
strategy map function. Right now you can download trial version of Modular manufacturing Performance Indicators or purchase full version of this Balanced Scorecard.
Also, it is possible to import this scorecard into web-based balanced scorecard (BSC) software - BSC Designer Online, so it will be accessible to you and your employees with any web-browser. |
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Some Balanced Scorecard help information that explains how to interpret scorecard.
What scores and weights can be changed. |
Download or purchase Modular manufacturing Evaluation Balanced ScorecardRight now you can download a trial version
of Modular manufacturing Evaluation Balanced Scorecard or purchase a
full version online. Also, if you are interested you can subscribe to our
e-course that helps a lot with Balanced Scorecard design.
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