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An operational-level agreement (OLA) defines interdependent relationships in support of a service-level agreement (SLA). [1] The agreement describes the responsibilities of each internal support group toward other support groups, including the process and timeframe for delivery of their services.
Overall labor effectiveness (OLE) is a key performance indicator (KPI) that measures the utilization, performance, and quality of the workforce and its impact on productivity. Similar to overall equipment effectiveness (OEE), OLE measures availability, performance, and quality.
Key risk indicators are metrics used by organizations to provide an early signal of increasing risk exposures in various areas of the enterprise. It differs from a key performance indicator (KPI) in that the latter is meant as a measure of how well something is being done while the former is an indicator of the possibility of future adverse ...
KPI information boards. A performance indicator or key performance indicator (KPI) is a type of performance measurement. [1] KPIs evaluate the success of an organization or of a particular activity (such as projects, programs, products and other initiatives) in which it engages. [2]
The output received by the customer as a result of the service provided is the main focus of the service level agreement. Service level agreements are also defined at different levels: Customer-based SLA: An agreement with an individual customer group, covering all the services they use. For example, an SLA between a supplier (IT service ...
DIFOT (delivery in full, on time) or OTIF (on-time and in-full [delivery]) is a measurement of logistics or delivery performance within a supply chain.Usually expressed as a percentage, [1] it measures whether the supply chain was able to deliver:
To calculate the Total Effective Equipment Performance(TEEP), the OEE is multiplied by a fourth component: Loading: percentage of total calendar time that is actually scheduled for operation. The calculations of OEE are not particularly complicated, but care must be taken as to standards that are used as the basis.
Another memory trick to calculate the allowed downtime duration for an "-nines" availability percentage is to use the formula seconds per day. For example, 90% ("one nine") yields the exponent 4 − 1 = 3 {\displaystyle 4-1=3} , and therefore the allowed downtime is 8.64 × 10 3 {\displaystyle 8.64\times 10^{3}} seconds per day.