A key part of Operational Excellence (OpEx) is implementing a business culture that uses appropriate leading and lagging Key Performance Indicators (KPIs) to drive business objectives. Leading KPIs are used to inform real-time operations, and poor KPIs that are contradictory or don’t contribute to lagging KPI achievement are common, and impair, rather than enabling, the execution of business strategy.
Operating Envelopes, the full multi-dimensional relationship between process variables links the process, leading, and lagging KPIs. By using this envelope based on historic operation, potential KPIs can be identified and evaluated for consistency, both with one another, but also in driving lagging KPIs and business targets. Geometric Process Control (GPC), pioneered by PPCL, makes this possible and should be part of any process-based Operational Excellence program.
In this webinar delivered in December 2020, we will show you how the full feed-to-product process operating envelope can be visualized along with current and potential KPI targets. This allows the suitability and consistency of leading and lagging KPIs to be evaluated and improved, providing the link missing today.
PPCL © Copyright 2011-2019. All Rights Reserved. | Terms of use | Privacy Policy | P.O. Box 43, Gerrards Cross, Buckinghamshire, SL9 8UX, UK.