A massive amount of data from many shop floors gets lost or unused, representing a significant loss of opportunity. Manufacturing data is terrible thing to waste. In this white paper we will discuss the issues of how to gather, interpret and present information intelligently in a way that provides complete visibility in the best context for effective management decision making. The core solution to this universal need is an effective performance management system. Most poor management decisions are often based on incomplete view of the situation, or made too late to really be effective. In order to be effective, the performance monitor solution must be tuned to reveal opportunities to remove waste from the manufacturing process.