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Roadmap to the e-Factory
Performance Measurement
Real-time control of the e-factory requires not only the right technology but
also the right performance measurement strategy. Performance measurement
is necessary for the production line, plant, and enterprise level of controls.
The best performance measurement systems use activity-based performance
indicators. An activity-based architecture supports process management rather
than departmental management, and provides for decisions based on time
and actions rather than on budgets and forecasts. Using activity-based cost
measures makes it easier to understand the impacts that certain decisions
make ...