LPMS includes the following key elements:
- LPMS provides a platform for (personal) targets
- LPMS continuously monitors operational performance of all areas
- LPMS identifies in real-time, deviations to plan and enables supervisors and operators to react proactively and quickly
- LPMS identifies critical processes and highlights operational or support problems
- LPMS monitors the status of corrective actions
- LPMS creates a basis for process standardization and enables the continuous reduction of muda
Main benefits that can be achieved by using the Lean Performance Management System are:
- Increasing of productivity and OEE
- Targets and actual results are visible directly at the workplace
- Communication between operators and management is simplified and more constructive
- Qualitative and quantitative consequences of problems are better understood
- Corrective actions can be clearly prioritized
- Improvements are quickly achieved and made visible throughout the organization
- Employee motivation is significantly increased
- Sustainability is guaranteed by continuous performance monitoring