How a Manufacturing KPI Dashboard Can Empower Your Business in More Ways Than One

 At Thrive, we've always been big believers in the idea that continual improvement in the manufacturing world is a must. Markets are changing all the time and you need to be proactive about staying ahead or you'll ultimately find yourself left behind. But at the same time, you can't improve what you're not measuring - which is a big part of what a manufacturing KPI dashboard is all about.

Thrive's downtime tracking solution provides a wide scope of real-time information to help you better understand what you're doing right and, more critically, what you could be doing better. It immediately notifies you when a critical asset goes down on the shop floor, thus allowing you to do something about it as quickly as possible. However, it's valuable for far more reasons than that, too. First, it's so easy to use that literally anyone can take advantage of it - from employees who have been there for years who know your organization inside and out to your most recent hire. It's also so effortless to use that we don't even need to train you on it - if we did, we firmly believe that we would have designed our solution incorrectly.

newdash21.jpg

But one of the most valuable components of Thrive's solution is our manufacturing KPI dashboard. Something that will quickly prove to be invaluable in a wide range of different ways, all of which are worth exploring.

Information at Your Fingertips

One of the biggest advantages of a manufacturing KPI dashboard is that it presents information in a visual way. Keep in mind that your equipment, your operators and your production lines are constantly creating massive volumes of data on a daily basis. But without a way to properly understand that data - to see the true story that it is trying to tell you - it won't be nearly as valuable as you want it to be.

That's what makes a manufacturing KPI dashboard so special. It helps you see at a glance where issues are, what you're succeeding at and more - all so that you can get rid of the former and double down on the latter as soon as you're able to do so.

Not only that, but Thrive's manufacturing KPI dashboards are nothing if not customizable. We fully understand that different metrics are important in different industries. Someone operating in textiles may not care about the same KPIs as someone operating in food and beverage, for example. That's why we've gone to great lengths to design a solution that you can adjust to meet your needs, regardless of what those needs happen to be.

You can even have dashboards that allow you to compare what is happening at two or more locations within your larger organization. If you have multiple manufacturing facilities, it's the perfect way to quickly benchmark the performance of one versus the other. This allows organizational leaders to make better and more informed decisions regarding important topics like resource allocation, for example.

In the end, operating by gut instinct or intuition may have worked well in the past - but that is an era that has long since ended. Today, you need data and as much of it as you can get. But you also need a way to make sense of that data, which is what a manufacturing KPI dashboard can do for you.

To find out more information about the power of a manufacturing KPI dashboard, or to get answers to any other questions you may have, please don't hesitate to contact Thrive today.

Source Url :-  https://www.ssgnews.com/2022/05/12/how-a-manufacturing-kpi-dashboard-can-empower-your-business-in-more-ways-than-one/

 

Comments

Post a Comment

Popular posts from this blog

OEE Systems That Drive Down Manufacturing Costs Using Existing Resources

With the economic climate still skirting around on the edge of recession , and more recent talk of a further drop, many manufacturing businesses are approaching crisis levels. In an effort to stay afloat , competition amongst rivals is becoming stronger, and the need to cut costs whilst maintaining quality , and using existing levels of resource, has never been stronger. The new OEE ( Overall Equipment Effectiveness ) software systems, play a significant role in optimizing manufacturing production efficiency using the same plant resource . This has fuelled significant interest from many manufacturers , and is rapidly being adopted as the tool of first choice to improve the cost v profit ratio . Companies that employ OEE systems in their most simple form are able to monitor how efficiently their plant is performing in terms of throughput and contribution to sales. But that is only scratching the surface in terms of what the real power is when it comes down to seeking and implemen
Read more

The New OEE Impact Andon Boards for Spare Manufacturing System

Image
Andon can be defined as" visual control" device that shows machine, process status or line. Utmost spare manufacturing systems need this device as it's veritably useful to reduce product waste in all situations. By using andon boards, a company can cover and insure productivity fluently. Manufacturing storehouse use this tool to see order status or precedences in an instant way indeed from further than 100 bases down. This device can also serve as early warning bias since audible admonitions or advising dispatches are installed in the device. In short, it can be said that this communication tool leads to a better collaboration of orders, precedences and corridor in a spare manufacturing system. This good collaboration eventually leads to a better client service .    The use of andon boards replaces the part of traditional communication tool in spare manufacturing systems . With this device, now a company does not need to use clip boards, white boards or emails to communic
Read more

System improvements are brought about by the new Design for OEE methodology.

  If your firm uses automation to increase productivity , as most businesses do, OEE is a crucial statistic for evaluating where improvement efforts should be directed. All three OEE components —Availability, Performance, and Quality—apply if most of your production stages involve manufacturing machinery.   The component results have averaged 90%, 86%, and 98.7%, respectively, for the firms I have tracked and following some improvement attempts. The OEE for this is 76.4%. OEE of 85% is typically used as a world-class benchmark by enterprises . Even this standard for excellence can be surpassed with a change in emphasis regarding where improvements are made.   Most Lean Six Sigma practitioners have seen the cost and quality advantages of DFSS in the New Product Introduction process. Design For Overall Equipment Effectiveness , or DFOEE, is something I would want to propose that is similar and equally as advantageous. I agree that the DFSS technique may be used for machine design, an
Read more