Key Performance Indicators (KPIs) are measurable values that demonstrate how effectively a company is achieving key business objectives. In the production industry, KPIs help track overall performance and identify potential areas of improvement. They measure operations efficiency, cost reduction, productivity, safety and compliance, sustainability, and customer satisfaction. When used correctly, these measurements can provide visibility into the operational performance of the business and give companies an upper hand when it comes to staying competitive in their market. With KPIs, businesses can avoid unexpected losses and keep production costs low by making informed decisions about resource allocation. Utilizing KPIs in production will set companies up for success today – with efficient operations and improved customer service – and tomorrow, as they work towards reaching their long-term goals.