Manufacturing Process Level KPIs: Integration and Limitations in Industry 5.0

Panagiotis Stavropoulos (), Alexios Papacharalampopoulos (), Olga Maria Karagianni and Doris Schartinger ()
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Panagiotis Stavropoulos: University of Patras
Alexios Papacharalampopoulos: University of Patras
Olga Maria Karagianni: University of Patras
Doris Schartinger: Austrian Institute of Technology

A chapter in Human-Centred Technology Management for a Sustainable Future, 2025, pp 217-225 from Springer

Abstract: Abstract KPIs have been a long standing tool for optimization in manufacturing. Throughout the years, many of them have been suggested, implicating different strategies and attributes. As such, productivity and time, cost, quality, even flexibility have been considered as different valorisation target fields for KPIs. With the upcoming Industry 5.0 being embedded in the companies’ strategies, new KPIs need to be considered. This work is a numerical study, taking into account different families of KPIs and their impact on decision making, mainly at processes level. The three Industry 5.0 pillars, as well as productivity are taken into consideration, as well as the smooth and seamless transition from one KPIs system to a new one.

Keywords: Industry 5.0; KPIs; Manufacturing processes; Business operations (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-031-72494-7_22

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DOI: 10.1007/978-3-031-72494-7_22

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