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Basic Metrics for manufacturing industry
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Sr. No Attibute Variables Calculation
1 Standard Cost Variance 1+2
2 Manufacturing Cost/unit as a %
3 Reportable Health and Safety Stand 1+2+3
1+2+3+4
N/A
1.Material Variance2. Labour Variance
1. Material Overhead Cost/unit2. Overhead Cost/unit3. Resource Cost/unit4. Outside Processing Cost/unit
1. ((1+2+3+4)/Full Cost)*1002. (1/Full Cost)*1003. (2/Full Cost)*1004. (3/Full Cost)*1005. (4/Full Cost)*100
1. uncontrolled Occupational hazards2. Potential Hazards3. Near misses
1. Repetitive motion Injuries2. Machine specific injuries3. Injuries speccific to handling of hazardous material4. Injuries qualified as occupational hazards
Injuries Qualified for compensation due to Occupational Hazards
Environmental Incidents Emission Standards
1*21. Waste Qty (Kg)2. Emission Factor
Metrics
Reported Hazards/period
Reported Injuries/Period
Compensation ($)/period
1.Standard Cost Variance MoM2. Standard Cost variance QoQ3. Standard Cost Variance YoY4. Variance as a % of Standard Cost MoM/QoQ/YoY
1. Total Mfg Cost/unit/period2. Respective cost/unit/period
Carbon Footprints/annum
Allowable emission (ppm) vs Actual emisssion (ppm)/annum
Review Level: Plant ManagerStandard Cost VarianceMonth actual cost
Jan-15 $54,000 Feb-15 $57,000 Mar-15 $61,000
Review level: Executive
Reported Injuries/periodYear Injuries Reported
Jan-15 140Feb-15 132Mar-15 97
Review level: Executive
Environmental Emissions (ppm)Year Jan-15Allowable emission 10Actual Emission 19
Review Level: Plant ManagerManufacturing cost/unit
Standard Cost Variance Year$57,000 $3,000 Jan-15$62,000 $5,000 Feb-15$54,000 ($7,000) Mar-15
Review level: Executive
Injuries due to Occupational Hazard120 Compensation for Occupational Hazard ($)119 Year
87 Jan-15Feb-15Mar-15
Review level: Executive
Feb-15 Mar-1510 1028 23
Review level: ExecutiveManufacturing cost/unit
Mfg Cost Total Cost mfg cost/Total Cost$5,100 $23,000 22.1739130434783$7,000 $24,000 29.1666666666667
$21,000 $27,900 75.2688172043011
Review level: Executive
Compensation for Occupational Hazard ($)Compensation
$43,000 $23,000 $17,890
Jan-15 Feb-15 Mar-15
($20,000)
($10,000)
$0
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
$70,000
Standard Cost Variance
actual cost Standard Cost Variance Jan-15 Feb-15 Mar-150%
10%20%
30%40%
50%
60%70%80%
90%100%
Manufacturing cost/unit
Total Costmfg cost/Total Cost
Jan-15 Feb-15 Mar-15$0
$5,000 $10,000 $15,000 $20,000 $25,000 $30,000 $35,000 $40,000 $45,000 $50,000
Compensation for Occupational Hazard ($)
Compensation
Jan-15 Feb-15 Mar-150
5
10
15
20
25
30
Environmental Emissions (ppm)
Allowable emissionActual Emission
Jan-15 Feb-15 Mar-150%
10%20%
30%40%
50%
60%70%80%
90%100%
Manufacturing cost/unit
Total Costmfg cost/Total Cost
Jan-15 Feb-15 Mar-150
20
40
60
80
100
120
140
160
Reported Injuries/period
Injuries ReportedInjuries due to Occupa-tional Hazard
Jan-15 Feb-15 Mar-150
5
10
15
20
25
30
Environmental Emissions (ppm)
Allowable emissionActual Emission
Jan-15 Feb-15 Mar-150
20
40
60
80
100
120
140
160
Reported Injuries/period
Injuries ReportedInjuries due to Occupa-tional Hazard
