Schedule Compliance
- Category: Manufacturing
Schedule Compliance in Manufacturing KPIs
In the suite of Manufacturing Key Performance Indicators (KPIs), timely production is a crucial aspect. A key KPI that captures this aspect is Schedule Compliance.
Overview
Schedule Compliance, in the context of manufacturing, refers to the percentage of time a facility sticks to its production schedule. It measures the proportion of jobs or orders completed on time by comparing actual production to the production schedule.
This KPI is important because it directly affects a company's ability to meet customer deliveries, maintain inventory levels, and optimize production flow. A high Schedule Compliance rate suggests efficient production management, leading to improved customer satisfaction and potentially increased profitability.
Calculation
To calculate Schedule Compliance, you need to know the number of jobs completed on time and the total number of jobs scheduled.
The formula for Schedule Compliance is:
Schedule Compliance = (Number of Jobs Completed On Time / Total Number of Scheduled Jobs) * 100
The Number of Jobs Completed On Time is the count of all production jobs that were completed within the scheduled time during a given period.
The Total Number of Scheduled Jobs is the count of all jobs that were scheduled to be completed during the same period.
By tracking and aiming to improve Schedule Compliance, manufacturers can enhance their production efficiency, better meet delivery timeframes, and improve customer satisfaction. However, it's critical to balance this with maintaining high quality standards and avoiding overworking resources.