ANALYSIS, PRACTICAL APPLICATION AND POSSIBLE INTERCONNECTION OF INDUSTRIAL ENGINEERING METHODS AND KEY PERFORMANCE INDICATORS

Abstract

In connection with applying the principles of Industry 4.0, the industrial practice also requires the consistent application of industrial engineering methods to improve process performance. The transformation of society into digital affects almost all areas of industry, public administration, healthcare and all walks of life. The implementation of Industry 4.0 is very important in the automotive, engineering and electrical engineering industries. It is the move towards Industry 4.0, the collection of large amounts of data and the decision-making based on the data obtained that provide the ideal basis for using more complex industrial engineering methods and better process evaluation. The paper's main goal is to analyse and identify the use of industrial engineering methods and key performance indicators of companies in industrial practice in Slovakia, where practice shows a lower acquaintance with these methods, especially among medium-sized companies. The paper deals with the issue of industrial engineering methods aimed at improving process performance in the context of key performance indicators. The paper contains some results of a questionnaire survey aimed at gathering information on improvement methods and identifying the use of key performance indicators in industrial practice. Which results will bring us closer to which types of methods are most used in Slovak practice and why?