Operational KPIs

Assessment Is based on strategic (gap analysis) and operational (KPIs) factors... 

The T2 condition, slightly strengthened from Ref. [5], but in the real case aheady contained in Ref. [4], is obtained by considering operators A = Sij,kPi OjOk and B = hiai for arbitrary real or complex coefhcients gij k and hi, with gij antisymmetric in (/, fe). (So this g may be compressed to... 

KPI system To speed up and anchor CIP in the organization, the companies that set the benchmark in this area establish a clear KPI system linking the operational performance metrics consistently and comprehensively to the overall objectives of the company - and these metrics have to be easily understood and reproduced within standard companywide reporting systems. For instance, at Clariant a number of different KPIs have been defined to track maintenance efficiency, but only a few (e.g., repair and maintenance costs/conversion costs) can really be tracked by the production team on the basis of standardized systems (Fig. 19.6). 

Ideally, the most critical financial and operational key performance indicators (KPIs) centering around service level, quality, and cost should be monitored for each function, but it is important for all SCM-influenced costs to be reported to avoid distortion for example, more frequent procurement orders would reduce the cost of raw materials inventory at the expense of inbound logistics costs, and omission of the latter would give a misleading picture. 

Combining the first two we have, 6 = 6i(Kpy. Repeating the operation, we find... 

Another way of combining the terms for mass transfer and reaction in series is to use N, the number of reaction units, and N, the number of mass transfer units. The group kpi,L/ug is equivalent to kt for a homogeneous reaction and is called the number of reaction units. The group KL/ug is the number of mass transfer units and is equivalent to the NTU in mass transfer operations such as gas absorption. Using Eq. (9.19), these terms can be combined to give N, the overall number of units for mass transfer and reaction ... 

Setting of KPIs helps the operators to be proactive in taking corrective action to avert problems. Good indicators also help track the impact of business decisions on process safety/integrity related risks. A common set of indicators should be used within the organization in order to allow comparison across various assets at different locations. 

Take, for example, the consumption of cylinder lubrication oil. Many onshore staff members, especially representatives from the technical departments, see this as the KPI for quality when it comes to how engines are operated on board, in the sense that the amount of cylinder lubrication oil consumed on board... 

For the elements from DAPS wiU be neglected the variation of reliability indices with stress level. Therefore, for DAPE (elements of DAPS) it is considered kpi = 1, for any mode and operation conditions. This hypothesis is sustained by the results of operational reliability studies (Meianu, D. 2008). 

Recommendation 6b. BOEM should require organizations operating on the OCS to submit all internal audit plans, including relevant KPIs to be collected, electronically. 

The proposed framework has a few limitations as well. The result of overall priorities of each logistics component and KPI depends on the response of the experts and academia. Although number of the response provided by the academia and experts, the bias cannot be completely removed. In addition to bias, inconsistency is also possible. Thus, it is why the inconsistency has to be less than 10 %. Moreover, the operation inside the hospital and the patients were not included in the research. Hence, the future research should take these two components into account. 

Refer to type of 7 wastes in Sect. 2.1 and transportation modes selection principle in Sect. 2.2. In transportation section, they have delivery measurement that is delivery in-full on-time (DIFOT). The researcher had created the significance factors that link between 2 parts. It consists of (1) DC s location, (2) amount of couriers, (3) type of vehicle, (4) how to plan day-to-day operation, and (5) KPIs. Five factors are grouped with 7 wastes/mode selection and related to DIFO. Because of these factors should improve service level and make customer satisfy... 

KPIs KPIs is the key success factor for domestic express transportation service. Every express company has to set up the KPIs for its couriers or operation staff. KPIs seem the result from all factors of time management. Each sample has the KPI that measure time such as delivery on-time (as known as DIFO, delivery in-full on-time) and cutoff pickup time. The list of KPIs of each sample has been... 

Fig. 1.7 Supply chain and operations audit, according to Fahmy Salama et al. (2009). KPI key performanee indieators...

SCD Phase 3 includes the aforementioned gap analysis which results from the comparison of the TO-BE and the AS-IS states of the supply chain recorded in the previous two phases in order to identify areas requiring optimization. This comparison is achieved by filling the results from SCD Phase 1 as well as from SCD Phase 2 into a morphological box. This allows for a clear illustration of the deficit arising from the comparison of the TO-BE and AS-IS situation. Based on the analysis of the strategic and operative gap and a KPI benchmarking, suitable corrective actions to all supply chain processes, if necessary, are selected. 

In case of the strategic path, the completed morphological boxes from SCD-Phase 1 and 2 are used to perform a gap analysis, which compares desired and actual supply chains and thereby helps to uncover differences between these two supply chain designs. The operative path provides that based on an organization s competitive priorities adequate key performance indicators (KPIs) are selected. Decision makers can use these KPIs to conduct a self-benchmarking of their... 

Key performance indicators (KPIs) It includes measurement of performance such as asset utihzation, customer satisfaction, cycle time from order to delivery, inventory turnover, operations costs, productivity and financial results (return on assets and return on investment). 

The importance of meaningful management information is often highlighted when serious problems arise. However, it is operationally a much better practice to prevent these detrimental processes. Key performance indicators (KPIs) maybe used in this context to optimize the need and sequence of inspection and other maintenance activities. 

If, however, the calculated remaining life of a component (RL J as defined in Eq. (12.4) is greater than the field life (FL), can be assumed to be zero. This is based on the assumption that the KPI is a performance indicator reflecting the effect on operating costs (Opex) and does not consider depreciation against the initial capital cost (Capex). The number of replacement cycles (N ) can be estimated with Eq. (12.3) ... 

In batch processing, uncertainty can emerge in operational or market-related parameters. Processing rates, duration of activities, material purchasing and product selling prices are common uncertain variables. Such uncertainty affects the throughput of a plant, the profitability and other key performance indicators (KPIs). In Monte Carlo simulation, numerous scenarios of a model are simulated by repeatedly picking values from a user-defined probability distribution for the uncertain variables. Those values are used in the model to calculate and analyze the outputs in a... 

OE is an attribute of organizational leadership that stresses the application of a variety of principles, multiple inter-organizational management systems, and tools toward the sustainable improvement of all operations. Effectiveness is often tracked through the use of key performance indices (KPIs). The process involves focusing on customer needs, keeping employees positive and empowered and continuous improvement of activities in the workplace. 

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