Data is the foundation of any efficient manufacturing operation, but just having data isn't enough—how you visualize and interpret the data makes all the difference.
KPI (Key Performance Indicator) dashboards are essential tools in the busy production floor, tracking metrics such as production rates, quality checks, and machine performance.
But here’s the catch: if your production dashboards are difficult to interpret or not easily accessible, the data loses its impact.
That’s where real time displays and digital signage for manufacturing steps in to improve your data visualization.
Digital signage allows you to visualize, edit, filter, and include any necessary KPI metrics important for your manufacturing.
93% of manufacturers use digital signage or real time displays to publish content of their goods and services during exhibits and trade events. This same data can be used in their manufacturing locations or warehouses.
A digital KPI dashboard (with good data visualization) not only allows better visibility but also helps your departments make quick and informed decisions. This leads to a noticeable improvement in your overall manufacturing efficiency and productivity.
Here’s a quick look into how digital signage and real time displays improves data visualization in manufacturing KPI dashboards.
Sort your Data Easily with a Manufacturing KPI Dashboard
Let’s understand more about manufacturing KPI dashboards through an example.
You’ve received a bulk order from your client this month, or you’ve decided to level up your manufacturing rate to meet your business targets.
However, your manufacturing plant is struggling with delayed production due to unexpected machine downtimes, unnoticed quality issues, and fluctuating inventory levels.
Due to this, managers are left scrambling for answers because data is scattered across different systems, and crucial updates get buried in emails or spreadsheets.
This is where a manufacturing KPI dashboard powered by digital signage on real time displays comes into play—it helps with data visualization in manufacturing.
See every update on your personalized screen with digital signage today
When integrated with digital signage, KPI dashboards bring more power to your data management system.
Instead of relying on fragmented data, you can use digital displays to showcase all relevant metrics in one centralized view or distribute them into different parts of the manufacturing plant.
With a digital KPI dashboard, machinery updates, inventory levels, order lists, and manufacturing delays can be visualized on one or several digital screens according to your needs.
Sounds cool, right?
That’s the power of data visualization in manufacturing in play!
Also Read: Why Digital Signage is a Game-Changer for Manufacturing
Real-Time Data Display
Let's face it—a business generates a lot of data, much of which isn't necessary for your KPI dashboards.
This is where filtering that data and viewing it individually becomes important.
Trying to compile and analyze data from your production, inventory, quality control, and machine performance departments manually can be a time-consuming process.
Because they are spread across multiple datasheets, you might overlook important updates.
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This is where digital signage plays a crucial role.
For instance, let’s say you’re tracking machine uptime and suddenly notice a drop in performance.
Instead of waiting for a report at the end of the day, digital signage integrated with your production KPI dashboard immediately displays a real-time alert on the shop floor.
This way, your team can respond quickly and fix the issue before it disrupts production schedules.
Ultimately, it’s about having the right data in the right place at the right time.
Want to know how digital signage works? Read more about the tech behind digital signage.
Increase Your Production Efficiency by Never Missing an Update
A key factor in efficient manufacturing is production efficiency.
Without data visualization in manufacturing & production KPI dashboards, it’s impossible to maximize production efficiency.
Studies claim that visual representations encourage action more than listening or reading. 22% improvement in workplace engagement was seen after using digital signage.
Installing a production KPI dashboard is the modus operandi of achieving maximum production rate.
A production KPI dashboard collects and displays data in real-time.
Along with this, production dashboards are also capable of retrieving data from various departments like production, inventory, and quality control.
For example, if you need to stop production for some hours, you can update the production dashboard to instantly reflect this issue on the screen.
Eventually, a production dashboard enables managers and caretakers to take quick action to redistribute the production.
Ready to make a difference with digital signage for manufacturing? Book a demo today.
Also Read: Future Trends: The Evolution of Digital Signage in Manufacturing
Customize Your Alerts for Critical Situations
Let’s say you’re running a manufacturing plant that relies on multiple machines working together to meet daily production goals.
Suddenly, one machine starts overheating and begins operating slower than usual, but no one notices until it causes a significant delay.
The delay could disrupt your entire production schedule and lead to an unexpected bottleneck.
On the other hand, with a manufacturing KPI dashboard, you can set prior notifications for situations like this.
This allows your team to act quickly, potentially avoiding a full stop in production and minimizing downtime.
This is one of the primary benefits of digital signage for manufacturing—it helps you deal effectively with emergencies.
Also Read: How to Reduce Labor Costs in Manufacturing with Digital Signage
See Your Scrap Rate is Going Down with Production KPI Dashboards
The percentage of materials wasted or discarded during the manufacturing process is known as the scrap rate.
It’s a critical metric for assessing the efficiency of manufacturing and production.
Under 5% scrap rate is considered appropriate in business.
However, if you observe high rates of scrap, it indicates a clear deficiency in your tracking system. Digital signage for manufacturing can help you with this.
Wondering how?
It’s because real-time tracking of scrap levels can help identify inefficiencies or specific areas in the production line that lead to waste.
When you’re able to quickly detect when scrap rates are rising beyond acceptable thresholds, you can take corrective action immediately.
Moreover, the use of a production KPI dashboard allows everyone on the floor to see the exact status of scrap rates at any given time, leading to quicker responses and more informed decision-making.
Improve Your Manufacturing with KPI Dashboards
When it comes to improving manufacturing operations, integrating manufacturing KPI dashboards with digital signage can be the solution you’ve been looking for. How so?
Data visualization in manufacturing is crucial for businesses as it helps communicate data-backed insights more easily and improves team communication.
This helps you drive higher productivity within your organization and spot manufacturing bottlenecks before they affect your output.
Are you prepared to explore digital signage? Try L Squared.
With L Squared, you can have a digital signage solution up and running in under an hour, complete with 24/5 live support and fully customizable features.
Looking to integrate your apps into your digital signage for real-time insights? L Squared has you covered with its multiple integrations to all the popular industry tools.
Are you prepared to embrace a data-driven visual future? Contact the L Squared team today.
Frequently Asked Questions
What is a KPI for manufacturing?
Manufacturing businesses use KPIs (Key Performance Indicators) to track and evaluate specific aspects of their performance. Common manufacturing KPIs include production rates, machine uptime, quality control metrics, inventory levels, and scrap rates. These indicators help assess efficiency, identify bottlenecks, and make data-driven improvements in manufacturing processes.
How do I create a KPI dashboard display?
Creating a production KPI dashboard display involves collecting relevant manufacturing data, visualizing it effectively, and setting up a platform that allows real-time tracking. By displaying key metrics on screens across the production floor, a digital signage solution like L Squared's can simplify this process. With customizable options, you can integrate various apps, set alerts for critical issues, and organize data for easy access and interpretation.
How to measure factory performance?
Tracking KPIs like production rates, machine uptime, inventory levels, and scrap rates can help you measure factory performance. Digital signage powers a production KPI dashboard, enabling you to visualize these metrics in real-time, pinpoint inefficiencies, and promptly address any disruptions.
What are KPI indicators?
KPI indicators are specific metrics that reflect the performance of critical processes within a business, such as manufacturing. In a manufacturing context, KPI indicators include metrics like production speed, quality checks, machine performance, and scrap rate. These metrics provide insights into various areas of the production process, helping businesses monitor efficiency, identify areas for improvement, and make informed decisions.
