KPI - Quantifiable measures used to evaluate performance at various levels (process, production, business)., Cycle Time - The time required to machine one item in a process., Changeover Time - The time taken to switch a process between producing different products., Throughput - The number of products manufactured per unit of time., OEE - A percentage-based measure of equipment productivity, calculated as: (Good products × Ideal processing time) ÷ Planned production time × 100., Total Cycle Time - The sum of all actual machining times across different processes to produce a single product., Lead Time - The total time taken to manufacture a customer's order, from start to finish., Capacity Utilisation - The percentage of potential output achieved, calculated as: (Output achieved ÷ Potential output) × 100., On-Time Delivery - The percentage of products delivered on or before the agreed time, calculated as: (Products delivered on time ÷ Total products delivered) × 100., Scrap Rate - The percentage of defective or discarded products, calculated as: (Scrapped products ÷ Total products produced) × 100., Yield - The percentage of good-quality products, calculated as: (Good products ÷ Total products produced) × 100.,

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