What is kpi of production

Question

Accepted Answer

KPI of production refers to the key performance indicators that measure the effectiveness and efficiency of production processes.

KPIs help monitor and evaluate the performance of production activities.
Examples of production KPIs include production output, quality, efficiency, downtime, and cost per unit.
KPIs provide insights into areas for improvement and help in making data-driven decisions.
KPIs should be specific, measurable, achievable, relevant, and time-bound (SMART).
Regular tracking and analysis of KPIs enable continuous improvement in production operations.

Accepted Answer

Manufacturing KPIs are quantifiable measures of production performance. They help manufacturers understand what they need to do to improve.

What defines a good manufacturing KPI?

Popular interview questions of Project Manager-Production/Manufacturing/Maintenance