Operational Excellence

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Glossary

Transitional KPI

A temporary performance indicator used during a changeover period until stable long-term KPIs become reliable.

OEE (Overall Equipment Effectiveness)

A manufacturing metric that combines availability, performance, and quality to show how effectively equipment is used.

Global KPI

A global KPI is a standardized performance metric used consistently across sites, lines, or business units.

KPI steward

A KPI steward is the person responsible for maintaining a KPI’s definition, data logic, and consistent use.

KPI taxonomy

A KPI taxonomy is a structured way to classify and name key performance indicators across operations, quality, and business reporting.

Executive Scorecard

An executive scorecard is a high-level view of key business and operational measures used to monitor performance and risk.

Pilot phase

A pilot phase is a limited, controlled trial used to evaluate a process, system, or rollout before wider deployment.

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