MPIs: Manufacturing Performance Indicators

graph clipart Critical factors considered when assessing manufacturing performance include total cost, incoming and outgoing quality, customer service, inventory turns, capacity, and employee and machine efficiency. PowerShift tracks key performance data across the enterprise and provides infinitely flexible reports and inquiries to present it. For a quick graphical display, output report data directly to Excel (see Abra Cadabra!).

Successful companies continually evaluate some or all of the following – a few of the PowerShift programs that generate/provide the information are listed in parenthesis:

Customer Service

On-time delivery (OAL)
Customer returns (RML)

Material Requirements

Sufficient raw materials make the product (MFP, MRP, ISDQ, MOS, MOSG)
Inventory turnover (IVLU)
Actual sales compared to forecasted sales (MFCS)

Labor Requirements

How much labor is needed and at what skill levels? (MCP, MPD)
What training is necessary? (LETL)
Rates of production (RTM, RTL, IMB)

Capacity and Availability

What can be produced in what lead time? (MLT)
How can we get more out of what we have? (MOS, MOSG)

Tooling

What is needed in the short-term to support demand? (MTAI)
What tools are nearing end of useful life? (MTCL)

Machine Utilization

What are the bottlenecks? (MPD, MCP)
How to improve overall production? (MPD, MCP, IMB with setup cost broken out)

Compliance

Environmental, health and safety (VGMI)
Quality levels

Incoming (VAI, VVI, VAL, MRBL)
Manufacturing (MRBL)

Cash Flow

Accounts Receivable (RT)
Accounts Payable (NTB)

Financial Reporting (GP, GHL)
PowerShift provides much flexibility in GL posting and reporting. Built-in financial statement generation (using TORM, GHH, GHM) enables you to separate and/or combine income and expenses (e.g., by type, functional area, etc.) to report at a level of detail appropriate to the target audience.

Because the presentation and interpretation of performance data in each area varies significantly based on business objectives, all PowerShift data is available for external analysis via the ODBC interface, direct output of reports to Excel or other file types (e.g., CSV, HTML, text), and XML export programs.