“We are excited to add a new real-time performance monitoring system in both of our production floors. This will provide our employees with real-time information such as their Quality %, Production rates, targets and other Key Performance Indicators. It will allow us unprecedented ease to collect, analyze and display KPI and Andon information.
KPIs are top level metrics that illustrate the utilization of facilities, time, material and personnel for manufacturing and process operations. Linked to target values that indicate gaps between actual and ideal performance, KPIs communicate success or failure of processes or operations, as well as measure the positive or negative effect of changes.”