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| Production KPI's | | Print | |
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1. Manufacturing cycle time
Measured from the Firm Planned Order until the final production is reported. It usually takes into account the original planned production quantity verses the actual production quantity. 2. Defects per million opportunities (DPMO) DPMO is a Six Sigma calculation used to indicate the amount of defects in a process per one million opportunities. Calculation: Total Number of Defects / Total Number of Opportunities for a Defect. Then multiply the answer by 1 Million. 3. Average production costs of items Average production costs of items produced within measurement period. 4. Mean-time between failure (MTBF) The average time between equipment failures over a given period i.e. the average time a device will function before failing. It is the reliability rating indicating the expected failure rate of equipment. 5. Loss ratio of material per order This is lost ratio of material per order. The rate is usually 3 – 5% custom types orders. 6. Rate of material defect by causes of material itself By total material defect due to the nature of that material, measured by the number and value of money. 7. Rate of damaged material by error of workers By total material damage because of worker error, measured by the number and/or value of money. 8. Scrap value % Scrap value as a percentage of production value. 9. Output per hour Production output achieved per working hour, can be compared to machine standards |