Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38 Page 39 Page 40 Page 41 Page 42 Page 43 Page 44 Page 45 Page 46 Page 47 Page 48 Page 49 Page 50 Page 51 Page 52 Page 53 Page 54 Page 55 Page 56 Page 57 Page 58 Page 59 Page 60 Page 61 Page 62 Page 63 Page 64 Page 65 Page 66 Page 67 Page 68 Page 69 Page 70 Page 71 Page 72 Page 73 Page 74 Page 75 Page 76 Page 77The principles of Lean manufacturing are now widely acknowledged as the most effective method for continuous improvement of factory productivity, flow, quality, uptime and waste reduction. Whether Kaizen, Six Sigma, Total Quality Management or another initiative, these operational excellence programs rely heavily on the measurement and display of Key Performance Indicators (KPIs). KPIs are top level metrics that illustrate the utilization of facilities, time, material and personnel for manufacturing and process operations. Linked to target values that indicate gaps between actual and ideal performance, KPIs communicate success or failure of processes or operations, as well as measure the positive or negative effect of changes. To make this data actionable, KPIs are communicated in an understandable and meaningful way to those responsible for it – production floor personnel and their supervisors. In the past, this was done with a chalkboard. Today, large electronic scoreboards can automate communication to the entire plant floor in real time. Studies have shown how measuring and displaying KPI produce immediate gains in operator performance, if for no other reasons than monitoring awareness, pride or employee competitiveness. The KPIs most important to a specific company will vary among potentially hundreds of values. Examples of commonly used KPIs in manufacturing are: • Count: Total product, good/bad/reject ratio, waste • Rate: Count per minute/hour, per cell/line/shift • Target: Goals displayed against actual time to goal • Takt Time: Time per cycle/task Beyond individual KPIs are composite metrics that express more complex calculations of overall performance into a simplified metric, such as: •  OEE: (Overall Equipment Effectiveness) performance and quality relative to designed capacity during scheduled operational hours •  TEEP: (Total Effective Equipment Performance) measures OEE against calendar hours, i.e., 24/7/365 In the most efficient manufacturing or process environment, every operator on the plant floor has visual acuity to current production rates and targets in real time. In many cases, a single percent improvement in productivity can cost justify a production scoreboard in a single day. Continuous improvement driven by real-time information. Built-in symbol library allows you to depict any process Turn your TV into a sophisticated production scoreboard Inform operators of current run and upcoming requirements to reduce changeover time Calculate advanced KPIs such as OEE to drive continuous improvement initiatives 3 Learn more at www.redlion.net/PTV