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30 Best Manufacturing KPIs and Metric Examples for 2021 Reporting

Jet Global

An Operations Key Performance Indicator (KPI) or metric is a discrete measurement that a company uses to monitor and evaluate the efficiency of its day-to-day operations. Leading companies make use of KPIs and KPI dashboards to measure their efficiency in real time. Manufacturing. What is an Operations KPI? Distribution.

Metrics 131
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P&G enlists IoT, predictive analytics to perfect Pampers diapers

CIO Business Intelligence

But when tossing away thousands of diapers damaged during the manufacturing process becomes an everyday occurrence, something has to be done to provide relief for the bottom line. That’s when P&G decided to put data to work to improve its diaper-making business. That’s why The Proctor & Gamble Co.

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Two Downs Make Two Ups: The Only Success Metrics That Matter For Your Data & Analytics Team

DataKitchen

How to measure your data analytics team? So it’s Monday, and you lead a data analytics team of perhaps 30 people. Like most leaders of data analytic teams, you have been doing very little to quantify your team’s success. The Active Data Ratio metric determines the percentage of datasets that deliver value.

Metrics 130
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Top Productivity Metrics Examples & KPIs To Measure Performance And Outcomes

datapine

2) How To Measure Productivity? For years, businesses have experimented and narrowed down the most effective measurements for productivity. Use our 14-day free trial and start measuring your productivity today! In shorter words, productivity is the effectiveness of output; metrics are methods of measurement.

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A Guide To The Methods, Benefits & Problems of The Interpretation of Data

datapine

Yet, before any serious data interpretation inquiry can begin, it should be understood that visual presentations of data findings are irrelevant unless a sound decision is made regarding scales of measurement. For a more in-depth review of scales of measurement, read our article on data analysis questions.

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Glossary of Digital Terminology for Career Relevance

Rocket-Powered Data Science

Such approaches can enable more accurate and faster modeling and analysis of the characteristics and behaviors of a system and can exploit data in intelligent ways to convert them to new capabilities, including decision support systems with the accuracy of full scale modeling, efficient data collection, management, and data mining.

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IoT vs. SCADA. What’s the difference?

3AG Systems

Much about industrial data collection has changed in the past few decades. For supervisory control and data acquisition (SCADA) engineers who cut their teeth on programmable logic controller (PLC) stacks and pre-internet SCADA, IoT might look like the latest trend. Read More

IoT 52