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Manufacturing Process Level KPIs: Integration and Limitations in Industry 5.0

Author

Listed:
  • Panagiotis Stavropoulos

    (University of Patras)

  • Alexios Papacharalampopoulos

    (University of Patras)

  • Olga Maria Karagianni

    (University of Patras)

  • Doris Schartinger

    (Austrian Institute of Technology)

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.

Suggested Citation

  • Panagiotis Stavropoulos & Alexios Papacharalampopoulos & Olga Maria Karagianni & Doris Schartinger, 2025. "Manufacturing Process Level KPIs: Integration and Limitations in Industry 5.0," Springer Proceedings in Business and Economics,, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-72494-7_22
    DOI: 10.1007/978-3-031-72494-7_22
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