Manufacturing KPIs Template

Drive productivity by leveraging these 18 important manufacturing KPIs.

About this Template

18 KPIs

A unique set of KPIs aimed at the manufacturing and engineering industries. These KPIs track performance in areas such as production costs, Labour costs, production losses and cycle times. Each KPI within the template has been selected by manufacturing professionals, providing a best of breed set of KPIs to optimise for your own use. These KPIs offer a best practice approach to manufacturing process tracking.

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KPIs in this template

  • Average cycle time – ACT

    Time from the order to the delivery of final ordered product

  • Standard Cycle Time

    The Standard Cycle Time

  • Real Cycle Time

    The Real Cycle Time

  • Cycle Time Ratio – CTR

    CTR Standard cycle time / the real cycle time

  • Value of work in progress

    The Value of units that are in the production process

  • Number of Days

    Number of days units are in the production process uncompleted

  • Number of units unfinished

    The amount of unfinished units in the production process

  • Actual Production Cost

    The actual cost of production

  • Standard Production Cost

    The standard cost of production

  • Production cost variance

    PCV - Actual production cost / standard production cost

  • Labour Costs

    Labour Costs this period

  • Units Manufactured

    Units manufactured this period

  • Labour cost per unit

    Total labour costs / number of units manufactured this period

  • Actual Production Time

    The actual product time

  • Potential Production Time

    The total potential production time

  • Availability OEE

    The Actual production time / Potential production time

  • Units on time

    The number of units finished on time

  • Production losses

    The number of finished products / overall production

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