Are Manufacturers KPI Reporting Practices Keeping Up?

IndustryWeek | June 04, 2019

Are Manufacturers KPI Reporting Practices Keeping Up?
cAs organizations continue to put greater emphasis on facts-based decision making, ensuring relevant measures and timely access to data becomes increasingly important. Often organizations will pinpoint a handful of key performance indicators KPIs to gauge the organization’s operational performance. However, picking and aligning the right KPIs to the organization’s goals is often easier said than done, much less ensuring data is captured, analyzed, and disseminated in a timely manner. APQC conducted a survey to garner insights into these challenges. The survey explored the KPIs organizations use to manage operations, their alignment to organizational goals, and the role that measures and reporting make on the decision-making process. This first of two article uses data from the KPI survey to look at alignment between organizational priorities and the measures organizations use and KPI selection practices.

Spotlight

In 2012, shipments from the U.S. manufacturing sector totaled $5.7 trillion. So, what do we make in the United States? This series of manufacturing profiles will answer that question one industry at a time. The focus of this profile is chemicals. Previous profiles focused on machinery; food, beverages and tobacco products; and transportation equipment (excluding motor vehicles).

Spotlight

In 2012, shipments from the U.S. manufacturing sector totaled $5.7 trillion. So, what do we make in the United States? This series of manufacturing profiles will answer that question one industry at a time. The focus of this profile is chemicals. Previous profiles focused on machinery; food, beverages and tobacco products; and transportation equipment (excluding motor vehicles).

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