I have a question about manufacturing-related KPI information.
What is the "True Efficiency" of the KPI information shown in the thingworx manfacturing demo and how do I calculate it?
In the demo video, true efficiency and net efficiency are measured as per the general manufacturing industry standards.
Basically efficiency is calculated as Output/Input .Here Output will be Parts Produced or Sold and Input will be raw materials, labor, equipments
Based on your business model , you can calculate the efficiency
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This KPI is not from the building blocks provided by R&D. It is added by pre-sales team. Probably reaching them directly is faster to get the answer.
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