A Framework for Fabricating and Manufacturing Companies
Performance Scoring is a performance management system that was designed for manufacturing and fabricating companies. Automation constantly generates new tools and systems, but this is the long-term tool to manage the efficiency of people. This is the all-in-one management system that will evolve with your company as needed. With the framework already set, just provide a company census and you can start scoring today.
Countdown to our 250th manufacturing process failures prevented this year:
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Performance Scoring prevents a process failure in manufacturing on average once every four hours.
All-In-One Management System
The manufacturing cycle is dependent upon all players working together toward the end goal, and Performance Scoring provides the framework to measure it all from start to finish. Measure how you’re managing:
- Non-value added processes and unplanned downtime
- Machine utilization and production
- Compliance with quality standards
- Manufacturing process from start to finish
This management system is the only long-term solution that will evolve with your company to ensure that you always measure what matters, it is the last tool you’ll ever need to manage productivity and performance.
Current Software and Available Data
Everything that Performance Scoring captures and reports on is new to your management team. However, you don’t need to replace your current software and systems by any means. Performance Scoring works symbiotically with them by informing on productivity and performance data.
Manufacturing Execution Software
This software focuses on execution from the standpoint of automation. It will tell you about scheduling your people, but does not go beyond that. We generate data on execution from the standpoint of your people with the metrics that you know drive success at each role.
Human Resources & Payroll Software
Administrative functions, not business solutions. These tools do not give operational insight into performance and productivity of your people. Manage your people with new performance data for the Factors that matter.
Annual Performance Reviews
Checking the box with annual performance reviews for employees is ineffective, and a compliance function rather than a business solution. Continuous feedback with Performance Scoring provides objective data on employee performance.
Financial Trends & Sales Data
This data and analytics has always steered the ship, and for good reason. Couple it with objective performance data to unlock true insight into what happens at every level in the company.
Prevent Process Failures & Promote Success
The first step towards decreasing, and ultimately preventing, process failures is to measure them. Our system will let you measure and monitor the Factors unique to your company’s operating procedures. Ask yourself:
How many reworks does the company experience in a year? Or when was the last time we had a scheduling error?
Now decrease these occurrences by 75%. How much additional revenue does that equate to each month? How much additional revenue is this per year?
When employees hit certain targets or go above and beyond towards accomplishing goals, that impact is felt and it should be recognized.
Retain & Grow Talent
Performance Scoring harbors a company culture that prioritizes employee growth and development through continuous coaching and engagement. With this company culture your workforce is always motivated and where attrition is virtually nonexistent. Unemployment is at record lows and the labor market has never been tighter. When you find the right fit, make sure they are happy and engaged with Performance Scoring.
- Replacing a highly trained employee can exceed 200% of their annual salary – Center for American Progress
- Engaged employees are almost 60% less likely to quit a job – Gallup Report
- Offering career training and development would keep 86% of millennials from leaving their current position – Bridge
Three Steps to Increase Revenue Internally
Performance Scoring is capturing and documenting the Factors that happen to generate the performance data that you are missing. The only thing that changes with our system in place is that now when a Factor occurs, an employee spends 15 seconds to properly document it and communicate it to management.
1. Score
Use peer-to-peer feedback to score users and capture real-time performance data. Factors are what lead to success and failure, now capture them to prevent the bad and promote the good.
2. Analyze
View real-time performance data to see how the company, departments & teams are performing. This is new data that enables management to always react proactively.
3. Engage
Engage your people and harness their growth and development. If everyone increased productivity by 1% how much would that increase the bottom line?
Measure What Matters
With Performance Scoring you are measuring only what you know matters. Need help getting started? Below are the most common ScoreCard Categories of our partner service companies, and the top Factors from each.
Operations
- Error creating scrap
- Scrap disposal
- Identified need for rework
- Error lead to rework
- Missed deadline for product redesign
- Scheduling error
Suppliers
- Received product of poor quality
- Supplier increased price of raw material
- Raw materials defect
Company Policy
- Unprofessional comment spoken or written
- Unscheduled tardy to work
- Customer complaint
- Inventory count error
Sales / Finance
- Lost customer
- Gained customer
- Did not submit AR on time
HSE
- Did not adhere to PPE protocol
- Did not adhere to Environmental protocol
- Did not submit training completion
What Our Clients Are Saying
Want to hear from some of our clients? We picked a few of our favorite performance management application users. They love Performance Scoring, and so will you.
This has been the best investment my company has made. It almost single handily increased our margins and our bottom line. The best part about the growth we have seen, is that our employees have come to love it, and management doesn’t know how they managed performance before.