Key figures are quantifiable metrics used to assess the performance of processes, projects, or entire organizations. These metrics form the foundation for evaluating success and making strategic decisions by analyzing performance data.
Measurability: Key figures provide objective, numerical data to assess performance.
Comparability: They allow performance comparison over time, across departments, or among different business units.
Goal Orientation: Key figures track progress toward achieving strategic objectives and help align actions with company goals.
Transparency: Clear insights into how well a process or project is performing, allowing for the identification of areas that need improvement.
Control: Regular evaluation of key figures allows businesses to adjust their strategies and optimize processes for better performance.
Informed Decision-Making: By using objective, data-driven metrics, leaders can make better-informed strategic decisions.
In manufacturing, key figures track critical aspects such as production efficiency, defect rates, and resource usage. Common key figures include Overall Equipment Effectiveness (OEE), production capacity, and throughput. Integrated systems such as MES (Manufacturing Execution Systems) help companies monitor key figures in real time, supporting continuous process improvement.