KPI (Key Performance Indicators) – are key performance indicators used to measure the efficiency of production processes and the overall condition of a company.
In the context of industrial digitalization, KPIs are monitored and analyzed in real time, enabling rapid identification of problems and data-driven decision-making.
Examples of KPIs in manufacturing include the OEE (Overall Equipment Effectiveness) indicator, cycle time, scrap rate, and the number of downtime events.
Effective KPI management allows process optimization and increased company competitiveness.