First Pass Yield: A Critical KPI for Manufacturing Efficiency and Quality
First Pass Yield (FPY) tracks the percentage of products that meet quality standards the first time through the production process, without requiring rework, repair, or scrap.
The Future of Manufacturing, Warehousing, and Logistics
Operations Leaders
Explore how Veryable helps you tackle operational challenges and meet your objectives with ease as a general manager, director of operations, or operations manager at a manufacturing or distribution facility.
Your Priorities & Objectives
As a director or general/senior manager, your responsibility is to translate high-level business strategy into an operational plan that your team can execute with precision. In the fast-paced reality of running day-to-day operations, it’s easy to lose focus—urgent problems, shifting priorities, and short-term demands can easily pull attention away from long-term objectives. Bridging the gap between forecasted plans and real-time conditions is a constant challenge, and every decision you make in that balance has ripple effects across the entire organization. The key to sustaining progress on your operational strategy while managing these pressures is agility—the ability to adapt quickly and effectively to whatever challenges arise.
Before identifying the right solution, it’s essential to understand the operational and financial KPIs that define success in your role. These metrics reveal how well your organization is serving customers, managing costs, and executing against strategic goals.
Financial KPIs:
These KPI's measure how effectively you’re converting resources into value. They include key metrics such as:
- Cost of Goods Sold (COGS)
- Operating Expenses
- Labor Productivity
- Production Efficiency:
- Profit Margins:
Operational KPIs
These KPI's gauge the health and responsiveness of your operation. How well you serve customers determines how quickly you can grow sales, and how well you run your operation determines how efficiently you manage costs. Improving either drives better financial results, and improving both creates a competitive advantage. Core metrics include:
- On-Time Delivery (OTD)
- Cost Per Unit
- Lead Time
- Cycle Time
- Overall Equipment Effectiveness (OEE)
The Veryable Solution
On-Demand Labor Marketplace
Labor drives every aspect of operational performance, and mismatches in staffing can quickly disrupt throughput and service levels. Veryable’s On-Demand Labor Marketplace empowers operations teams to build a flexible pool of pre-vetted operators who can scale up or down in real time based on actual daily demand. This flexibility gives your facility the agility to cover peaks, prevent bottlenecks, and reduce overtime costs—all while keeping your core employees from being overextended. By aligning headcount precisely with workload, you can maintain smoother operations, more consistent productivity, and better cost control across every shift.
Workforce Management Platform
Veryable’s Workforce Management (WFM) platform brings together data from ERP, WMS, MES, HRIS, and other operational systems into a single, unified view of your operation. By linking labor allocation directly to real-time production and throughput metrics, WFM eliminates guesswork and manual scheduling, enabling your team to deploy labor efficiently across shifts and work centers. Automated scheduling and integrated access to the On-Demand Labor Marketplace ensure that you meet demand without overstaffing or overworking employees. Real-time dashboards provide instant visibility into throughput, labor cost per unit, and team performance, giving you the insight needed to make fast, data-driven decisions that improve both productivity and cost efficiency.
How They Work Together
Together, the WFM platform and On-Demand Labor Marketplace give operations leaders complete control and flexibility over their workforce. WFM identifies capacity gaps and demand fluctuations, while the Marketplace instantly fills those gaps with qualified operators. The result is a workforce that’s responsive, cost-efficient, and capable of maintaining high service levels, even during periods of unpredictable demand or unexpected disruptions.
What You Can Achieve
Leveraging Veryable's On-Demand Labor Marketplace to build a flexible extension of your full-time workforce will enable your team to scale labor capacity up and down in tandem with actual daily demand. This has numerous operational benefits...
Click the button below to explore our value estimation calculator and see the positive bottom-line impacts your business can achieve.
Address Production Outliers
Supplemental labor gives your team the agility to quickly address exceptions that disrupt flow. With on-demand support, you can:
-->Tackle stranded or aged orders before they escalate
-->Break up work-in-process bubbles that stall throughput
-->Recover faster from quality issues and material delays
-->Eliminate past-due backlog to keep commitments on track
Increase Throughput & Productivity
By adding support in bottleneck areas, you free skilled workers from non-critical tasks—allowing them to focus on high-value work and deliver greater output.
Manage Demand Variation
-->Flex labor capacity daily to maintain short lead times and perfect service—while keeping cost per unit optimized
-->Unlock unlimited flexible capacity to accept orders that once exceeded limits, without resorting to mandatory overtime
-->Respond in real time so you’re no longer dependent on perfect demand forecasts
ChartGPT: Smarter Insights, Zero Spreadsheets
Understand your operations instantly—just ask a question and get a chart. Toggle between views, export your data, and give quick feedback to refine results. Spot trends faster, save hours on manual reporting, and make confident, data-driven decisions—all in real time.
Customized Reporting: Complete Operational Visibility
WFM lets you monitor labor and production KPIs like cost per unit, UPH, and scheduled vs. actual hours, all in one streamlined view. These real-time insights help you spot trends, pinpoint inefficiencies, and drive continuous improvement.
Demand-Driven Labor Planning: Right People, Right Place, Right Time
WFM leverages your demand forecasts and processing rates to accurately plan labor needs by work area and shift. With real-time visibility and control, you can make quick adjustments, ensure optimal coverage, maximize daily productivity, and more effectively manage labor costs.
Platform Features
Tools & Features That Help You Get The Job Done
Case Studies
Stories From the Real World
Hear from other operations leaders about how Veryable has helped them exceed their goals
What Operations Leaders Are Saying
Resources
Our Point of View
Explore our thought leadership blog for valuable insights.
Gearing Up for Black Friday & Cyber Monday: How On-Demand Labor Helps You Protect Margins and On-Time Delivery
Black Friday and Cyber Monday don’t reward those who plan, they reward those who adapt. Every minute of delay costs money, and every late shipment costs trust.
How To Clear Bottlenecks and Regain Control of Peak Season In Under 72 Hours with On-Demand Labor
With Veryable, you can restore flow and regain control in less than 72 hours, without new hires, overtime, or waiting on temps.
Getting Started With On-Demand Labor
Take 5 minutes to create your free business profile. Our team of experts will reach out to you shortly
after to answer any questions you may have and ensure that your team is equipped for success.
