You have not given complete information about yourself. What is your designation? What is the nature of business of your company? Simple of manufacturing company is not sufficient. Steel manufacturing, garment manufacturing company and a company that manufactures FMCG products, each has different dynamics.
You wanted to set KPI and KRA for each department. For this, do you have knowledge of each department?
Anyway, earlier I have given reply to a post that was for training on KPI and KRA for leather manufacturing company. Click the following link to refer it:
<link no longer exists - removed>
Your entire business depends on effective management of two important costs i,e. inventory carrying cost of the raw materials and inventory carrying cost of the finished goods. However, this is much easier said than done. Whatever HR interventions that you initiate, these should be aimed at reduction or at least management of these two costs. Otherwise your entire activities will go futile and you will end up in talking more jargon than actual business needs.
Against this backdrop, you need a workplace guide or mentor. If you wish, you may hire my services. You may click here to know more about my consulting activities.