Feb 03 2025 51 mins
Summary
In this podcast, Michael Venner and Wayne Hylla discuss the importance of Key Performance Indicators (KPIs) in various sectors, particularly aerospace. They explore how KPIs can be effectively implemented to measure the performance of key processes, the significance of on-time delivery and product quality, and the need for continuous improvement. The conversation also delves into the challenges of measuring KPIs in purchasing, service delivery, and design, emphasising the importance of understanding processes and data trends to drive improvement.
Takeaways
- KPIs are essential for measuring effectiveness in aerospace standards.
- On-time delivery and product quality are critical KPIs.
- Understanding processes is key before implementing KPIs.
- Continuous improvement should be the goal of KPIs.
- Data trends provide insights into performance over time.
- Communication among teams is vital for effective KPI measurement.
- Purchasing processes should have specific KPIs to track efficiency.
- Service delivery KPIs must align with customer expectations.
- Design KPIs should reflect the cost and timeliness of deliverables.
- KPIs should be adjusted based on performance and business needs.
Chapters
00:00 Introduction and Recap of Previous Podcast
01:29 Understanding KPIs in Aerospace and ISO 9001
04:03 Identifying Key Processes and Their Importance
08:49 The Purpose of KPIs in Business Processes
13:34 Effective Measurement and Analysis of KPIs
17:24 Dynamic KPI Management and Continuous Improvement
25:01 Continuous Improvement Through Data Analysis
28:54 Understanding Trends and Cycles in Performance
30:43 Key Performance Indicators in Purchasing
34:43 Production KPIs: Measuring Success
42:04 Design and Development Metrics
49:17 Final Thoughts and Resources
50:46 By all standards Intro.mp4
Key Links
Auva Website: www.auva.com
Apple Podcast: https://podcasts.apple.com/gb/podcast/by-all-standards/id1771677594
Spotify: https://open.spotify.com/show/79OUNj3vY9dmESR3okwHJa?si=871837f56dc149b6
Youtube: https://www.youtube.com/@auvacertification/podcasts
LinkedIN: https://www.linkedin.com/company/auva-certification-ltd
Instagram: @auvacert
Michael Venner: https://www.linkedin.com/in/michaelvenner-isocertificationexpert/
Wayne Hylla: https://www.linkedin.com/in/wayne-hylla-6642ab6a/