While each Client requires the development and implementation of specific and customized KPI’s related to their business model and improvement requirements, the following are a sampling of typical KPI’s that KED could utilize:
- Improvements in processing lead-times, cycle times, and turnaround times
- Improvements in purchasing costs, inventory levels, and carrying costs
- Improvements in Direct/Indirect labor productivity and performance levels
- Improvements in scrap, reject and rework levels
- Improvements in employee health, wellness and safety
- Improvements in safety incidents levels and workers’ compensation costs
- Improvements in customer and employee satisfaction levels
- Improvements in compliance to policies and standard operating procedures