What KPIs and Analytics Are Used on Digital Plant Management Dashboards?

Digital plant management is a vital part of this revolution, which has made digital transformation a pillar for improving industrial operations. Key Performance Indicators (KPIs) and analytics are essential tools for tracking, evaluating, and improving plant operations efficiency as more and more sectors come to understand the value of data.

The article explores the essential KPIs and analytics that propel operational excellence in the context of digital plant management dashboards.

View 2-min Dashboard Demo
Register for Pricing
#1 Ranking: Read how InetSoft was rated #1 for user adoption in G2's user survey-based index Read More

Overall Equipment Effectiveness (OEE)

On digital plant management dashboards, Overall Equipment Effectiveness (OEE) is the primary Key Performance Indicator. OEE is a comprehensive statistic that evaluates the performance, quality, and availability of equipment in order to determine its overall efficiency. Performance measures how well the equipment is operating in relation to its maximum speed, availability shows the percentage of time it is in operation, and quality determines the proportion of items that are free from defects. OEE gives plant managers a comprehensive understanding of production efficiency, enabling them to spot and resolve bottlenecks, downtime, and quality problems.

Energy Consumption

The pursuit of sustainability across sectors has made energy consumption optimization and monitoring crucial key performance indicators. Dashboards for digital plant management often include analytics that monitor energy use in a variety of operations. Plant managers may minimize their environmental effect, save expenses, and decrease consumption by identifying procedures that use a lot of energy. Additionally, proactive decision-making is made easier by real-time energy monitoring, which enables quick modifications in reaction to unforeseen occurrences or variations in energy consumption.

Supply Chain Visibility

Effective plant management requires supply chain insight in today's globalized and linked world. With the use of digital dashboards that integrate analytics, plant managers can analyze raw material availability, keep an eye on supplier performance, and foresee any interruptions in real time. Plants may cut lead times, prevent stockouts, and improve overall operational resilience by streamlining their supply chain operations.

Maintenance Analytics

Effective plant operations are based on preventive maintenance, which is optimized via the use of analytics by digital plant management dashboards. Machine learning algorithms and sensor data are used in predictive maintenance analytics to anticipate equipment breakdowns before they happen. These systems detect trends in past performance data that point to possible problems, allowing for prompt action and minimizing unscheduled downtime. By taking a proactive stance, plant dependability is improved overall and equipment longevity is increased.

why select InetSoft
“Flexible product with great training and support. The product has been very useful for quickly creating dashboards and data views. Support and training has always been available to us and quick to respond.
- George R, Information Technology Specialist at Sonepar USA

Quality Metrics

In the manufacturing industry, ensuring product quality is crucial. To monitor and enhance product quality, digital plant management dashboards use KPIs and analytics. measures including defect rates, adherence to quality standards, and customer satisfaction ratings are monitored by these measures. Plant managers may protect brand reputation and consumer confidence by taking remedial action to ensure consistent product quality by detecting trends and abnormalities in real-time.

Process Efficiency Metrics

Dashboards for digital plant management monitor important workflow optimization data with the goal of increasing overall process efficiency. Cycle times, production output, and resource use are a few examples of these metrics. Plant managers may make targeted adjustments, optimize processes, and boost production by pinpointing inefficient regions. Data-driven decision-making is made possible by real-time insight into process efficiency measures, which guarantees continual improvement and adaptation in dynamic production settings.

Safety Performance

In industrial settings, worker safety is of utmost importance. To track safety performance, digital plant management dashboards include KPIs and analytics. These measures might include the quantity of accidents, close calls, and compliance with safety regulations. Plant managers may put preventative measures into place, provide targeted training, and make the workplace safer by proactively identifying possible safety concerns. In addition to ensuring worker safety, monitoring safety performance supports operational continuity and regulatory compliance.

Asset Utilization

One important KPI that assesses how well plant assets are being utilized to create value is asset utilization. Digital dashboards often have charts that indicate how important assets are used over time. Plant managers may use this information to find underused resources and make well-informed choices on improvements, decommissioning, and redeployment. By maximizing asset utilization, expenses may be reduced and expenditures in machinery and equipment can be matched with output requirements.

Learn about the top 10 features of embedded business intelligence.

Inventory Turnover

Preventing stockouts and lowering holding costs need effective inventory management. One important KPI is inventory turnover, which gauges how fast a plant's stock runs out and is refilled. Plant managers may modify their production and procurement schedules based on patterns in inventory turnover, which are shown in corresponding charts on digital dashboards. Low turnover rates might be a sign of overstocking or slow-moving items, which would call for tactical changes. High turnover rates, on the other hand, reflect efficient inventory management.

Downtime Analysis

Production efficiency may be greatly impacted by downtime, and digital plant management dashboards provide charts and KPIs for analyzing downtime. These metrics classify reasons for downtime, such as maintenance, changeovers, or equipment failures, and provide insights into the underlying causes of production halts. Plant managers may eliminate unexpected interruptions and increase overall operational efficiency by implementing targeted adjustments after visualizing downtime trends over time.

Cost of Quality

In manufacturing, finding a balance between cost and quality is a constant struggle. The cost of quality KPI evaluates the costs related to maintaining product quality, such as failure costs, assessment, and prevention. Pie charts or trend graphs showing the distribution of quality expenses are often seen on digital dashboards. Plant managers may use this information to minimize errors, optimize quality procedures, and strike a cost-effective balance between controlling operating costs and guaranteeing product quality.

Lead Time Analysis

Manufacturing is always looking for ways to shorten lead times so they can better respond to consumer requests. Lead time analysis KPIs and charts, which show how long it takes a product to go through the whole manufacturing process, are included in digital plant management dashboards. With the help of these graphics, plant managers may more quickly satisfy customer expectations and simplify operations by implementing techniques like process reengineering or technology upgrades. These images also help detect bottlenecks and inefficiencies.

Read the top 10 reasons for selecting InetSoft as your BI partner.

Scrap Rate Metrics

Reducing material waste is advantageous from an economic and environmental standpoint. Digital dashboards with scrap rate analytics measure the portion of materials wasted in manufacturing. Plant managers may identify processes or items that contribute to excessive waste and track trends by using line charts or bar graphs that graphically indicate scrap rates. Plants may improve overall sustainability and lower material costs by addressing the underlying reasons.

Employee Productivity

One of the most important KPIs for plant managers who are worried about labor efficiency is employee productivity. Analytics for tracking both individual and team productivity are included in digital dashboards; they are often shown as bar charts or employee performance scorecards. With the help of these graphics, managers may spot high-achieving groups, pinpoint areas in need of training, and put plans in place to increase worker productivity in general, all of which lead to better operational results.

Environmental Compliance Metrics

Manufacturing facilities must to adhere to environmental rules. KPIs and charts that track environmental compliance data, such emissions, water use, and waste disposal procedures, are included in digital plant management dashboards. Compliance graphics reduce the danger of penalties and legal concerns while assisting plant managers in making sure activities are in line with regulations. They also support ethical and sustainable industrial practices.