To design the KPIs and KRAs for the manufacturing company, you need to study the systems and process of each department and identify the KPIs. Based on these KPIs, you need to design the KRAs.
Instituting Performance Management System (PMS) is far more serious business. I have given reply to this post. Click the following link to refer the reply:
Though the heading of the heading is for IT companies, the reply is applicable to all the type of industries. In the above link, you will find several other links. Go through all the links patiently. It will improve your awareness of the subject.
Sample KPI and KRA Manual: - Click here to download the sample manual. It includes some of the KPIs applicable to real estate industry well.
Videos on PMS: - To clarify on PMS, I have uploaded the following videos:
For further doubts, feel free to contact me.