Tracking metrics to improve operations is nothing new for manufacturers, but they may be unknowingly sabotaging their efforts.
For example, this playbook suggests that “data issues, lack of strategic vision, missing benchmarks, and a focus on lagging indicators” all contribute to a lack of improvement.
What’s more, manufacturers often fail to improve because they focus on metrics that don’t support corporate goals or too many metrics leading to “paralysis-by-analysis.”
