#1 Manufacturing Glossary - SYMESTIC

Key figures

Written by Symestic | Jun 5, 2024 2:22:59 AM
Key figures are measurable values that are used to evaluate the performance of processes, projects or companies. They serve as a basis for analysis and decision-making.

  • Measurability: Quantitative evaluation of performance and success.
  • Comparability: Enables comparison over time or between units.
  • Goal orientation: Support in achieving strategic goals.
Advantages:

  • Transparency: Provides clear insights into company performance.
  • Control: Helps to control and optimize processes.
  • Decision-making: Supports well-founded decisions through objective data.