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 The business community has fully embraced using balanced scorecards and metrics to determine if businesses are performing well. This is also a common practice in outsourcing. The gist of this management approach is that the business managers will be able to gauge if the performance of the employees is in line with the company's goals and objectives, not only in terms of actual activities but also in financial merits. As such, there is a need to develop tasks outsourcing KPI methods or standards to ensure that all possible causes for poor and good performance are identified. Outsourcing is not new, albeit it has become a buzzword by now. Outsourcing is a business strategy in which a company passes certain tasks to other companies on their behalf. This way, the company can focus its resources-finances, manpower, technology-on other things that can help it grow . Most of the time, the tasks that are outsourced are seemingly mundane tasks that do not require full attention f

  The dashboard supply chain, along with its processes and systems, can be quite complicated that it will leave a person not knowing what he is dealing with. What they do not know is that this can help them get a clearer and much better way to track the products in the company they are working for. There are a lot of KPIs to study when you truly want to understand the whole meaning of this particular dashboard. There are a wide variety of tabs that are present in the supply chain control dashboard application . These include alerts, home, inventory, forecast, and reports . Typically, what this dashboard does is that it supports the control of the processes and the material flow. This way, a company can easily map, model, analyze and redesign the value chains over an extended enterprise in the manufacturing scene. It also supports the management of the performance of the supply chain. Now, companies will readily have inventory metrics and the decision-making tool for the pr

 Key performance indicators or KPIs are important components of any organization's measurable objectives. They consist of both financial and non-financial measures that reflect how well an organization is performing concerning the goals it has set for itself. Many different applications of this concept exist in management practice: manufacturing KPI, customer service KPI, internal process KPI, and even bonus or honorary KPI. These key performance indicators vary widely across different types of organizations with various different objectives . For marketing-oriented organizations, for example, important key performance indicators could include customer growth rate, customer profitability, customer attrition, and customer satisfaction. Manufacturers , on the other hand, would focus on a set of KPIs that includes overall equipment effectiveness, total effective equipment performance, loading , availability, and quality. Other organizational aspects would also come with the

 Andon can be defined as a "visual control" device that shows a machine , process status, or line. Most lean manufacturing systems need this device as it is very useful to reduce production waste at all levels. By using andon boards , a company can monitor and ensure productivity easily. Manufacturing warehouses use this tool to see order status or priorities instantly, even from more than 100 feet away. This device can also function as an early warning device since audible alarms or warning messages are installed in the device. In short , it can be said that this communication tool leads to better coordination of orders, priorities, and parts in a lean manufacturing system. This good coordination finally leads to better customer service. The use of andon boards replaces the role of traditional communication tools in lean manufacturing systems. With this device, a company doesn't need to use clipboards, whiteboards, or emails to communicate. Mostly, the board

  2020 is just starting and looks like a great year for OEE. 2019 saw some great trends taking root for OEE, and 2020 looks to continue that trajectory . The OEE trends for 2020 are starting strong with OEE and OPE, Machine Health, and the increased spread of IIoT, Smart Manufacturing, and Cyber-Physical Systems. Let's take a deeper look into just how these rising trends in manufacturing will reshape and enhance the OEE landscape . OEE and OPE As 2020 comes around, OEE has been incorporated into the growing landscape of performance analysis. OEE has become a part of the emerging analytical framework of OPE, or Overall Production Effectiveness . This analysis takes OEE and adds an additional layer to it. OPE uses OEE and also analyzes data from personnel as well. This poises OEE as a foundational technology for the coming year and the changing analytical tools. OEE and Machine Health Measuring machine health is the future of manufacturing and is expected to rise in 2020.

Overall Equipment Effectiveness (OEE) is arguably the most important metric in manufacturing productivity for a reason - it really does distill everything you need to dramatically improve your operations down to a single, straightforward number. It's comprised of three basic components - an Availability score, a Performance score and a Quality score. The closer you get to 100%, the closer you are to only manufacturing high quality parts as quickly as you can with little to no stop time to speak of. But it's that Quality score that many organizations tend to have a difficult time with. Your equipment could be up 99.999% of the time and you'll still run into issues if you're constantly dealing with parts that need to be scrapped and reworked. Therefore, getting to the point where you aren't dealing with these issues should always become a top priority. Reducing Reworked Parts: An Overview First, it's important to come to a better understanding of what sc