7 Common KPIs for Production Monitoring  Thu, 04/04/2013 -
12:28pm Red Lion Controls Inc.  Strategic philosophies or
practices such as Kaizen, Lean Manufacturing, Six Sigma, Total
Quality Management and Continuous Improvement are used by many
organizations to help improve processes, drive productivity and
maintain a competitive edge in today’s ever‐increasing global
economy. Despite varying concepts, each practice uses Key
Performance Indicators (KPIs) to assess, analyze and track
manufacturing processes. Even if an organization does not employ
formal continuous improvement initiatives, efficiency gains can
still be realized by borrowing lessons learned through the
visual management techniques of those processes. This white
paper discusses how visual management can drive productivity by
leveraging seven common Key Performance Indicators (KPIs) for
production line monitoring.  What are Key Performance Indicators
(KPIs)?  KPIs are assorted variables that organizations use to
assess, analyze and track manufactur