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I would like to design measurements to evaluate our management team for bonus purposes. As a starting point, I have been looking at metrics for
I would like to design measurements to evaluate our management team for bonus purposes. As a starting point, I have been looking at metrics for our three product lines. I have attached some production information (Exhibit VII) for you to analyze. Please provide me with some Key Performance Indicators that would be relevant for the departments. Additionally, can you comment on the performance for each department and if necessary, provide recommendations for any issues you noticed. Exhibit VII Time to Produce (hrs) Spoilage per unit produced % of machine capacity used Employee Idle Time per hour (minutes) # of employees Production to Shipment time (days) Flowers 4 40% 70% 15 12 1 Table Decorations 2 8% 55% 1 18 15 Reception Supplies 1 19% 99% 7 5 35
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