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Q1: Why do we need to measure performance and productivity? Q2: Why should we measure reliability, flexibility, cost and asset utilization? Q3: What are KPIs?

  • Q1: Why do we need to measure performance and productivity?
  • Q2: Why should we measure reliability, flexibility, cost and asset utilization?
  • Q3: What are KPIs? How do you choose the right one for your organization?
  • Q4: Describe the acronym SMART and how it is used.
  • Q5: Name and describe the ten (10) performance measures?
  • Q6:Describe the acronym OTIF and its five (5) measures?
  • Q7: Describe the term benchmarking and why should we implement it.

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