In a recent article published in tech.co, key performance indicators (#KPIs) essential for effective asset management were highlighted. The article aimed to simplify the complexities of asset monitoring by narrowing down the most important metrics for businesses to implement immediately.
The top KPIs discussed include:
Mean Time Between Failures (₹MTBF)
Mean Time to Repair (#MTTR)
Mean Time to Failure (₹MTTF)
Return on Assets (#ROA)
Annualized Failure Rate (#AFR)
On-Time Delivery (#OTD) Rate
Overall Equipment Effectiveness (#OEE)
These KPIs offer valuable insights into the efficiency, #reliability, and #profitability of #assets, allowing businesses to improve #operations and enhance decision-making #processes.
Here is the article:
