Manufacturing KPIs Template

Drive productivity by leveraging these 18 important manufacturing KPIs.

About this template

# of 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:

Actual Production Cost

The actual cost of production

Actual Production Time

The actual product time

Availability OEE

The Actual production time / Potential production time

Average cycle time – ACT

Time from the order to the delivery of final ordered product

Cycle Time Ratio – CTR

CTR Standard cycle time / the real cycle time

Labour cost per unit

Total labour costs / number of units manufactured this period

Labour Costs

Labour Costs this period

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

Potential Production Time

The total potential production time

Production cost variance

PCV - Actual production cost / standard production cost

Production losses

The number of finished products / overall production

Real Cycle Time

The Real Cycle Time

Standard Cycle Time

The Standard Cycle Time

Standard Production Cost

The standard cost of production

Units Manufactured

Units manufactured this period

Units on time

The number of units finished on time

Value of work in progress

The Value of units that are in the production process