No other industry, but only the apparel industry can better understand the need of continuous improvement in order to survive in the face of competition. But in order to improve the product and processes, it first needs to be measured. Team FastReact believes that Key Performance Indicators (KPIs) are an essential part of any improvement project both to measure the results that business process improvement can bring and also to continually improve the accuracy of the planning process itself. FastReact’s latest development is a Web enabled KPI module that can run across Fast React and other SQL databases to generate KPI in a flexible and graphical format.
FastReact products are quick to install, easy to use and will give business total control over sampling, shipping, inventory, garment and apparel manufacture, order fulfilment and supply chain changes. The company, awarded the highest official UK awards for British businesses, has over 250 installations in 27 countries, out of which 32 are in India alone.
The new solution from FastReact performs KPI measurement in many key areas of the business without demanding any extra workload. The data required to update the latest production plan and keep the current status clear is all that is required to establish various KPI measures. It is a highly flexible module in which KPI objects can be ‘tailored’ specifically to the KPI reporting needs of each company. The module can measure both historic KPI and projected performance from the current plan, for example the actual achieved On-Time Delivery Percentage (OTDP) for the last ‘x’ months and the projected OTDP in the coming months, based on the latest plan. Some KPI offer capabilities to view in a more detailed manner overall delivery performance by factory as monthly trend and orders shipped in that month.
