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Asset Efficiency 50000 0 Performance, Attribute, Metric, Asset, Efficiency, Inventory, Cash Conversion Cycle, Payables, Receivables The ability to optimally utilize assets in support of generating revenue or performing a task.
AE
Difference between revisions of "AE"
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| − | {{this}} is a [[:Category:Attribute|Performance Attribute]] describing the ability to optimally utilize assets in support of generating revenue or performing a task. {{this}} has three dimensions: | + | {{this}} is a [[:Category:Attribute|Performance Attribute]] describing the ability to optimally utilize assets in support of generating revenue or performing a task. Example assets include: Cash, Inventories, [[t:PP&E]]. {{this}} has three dimensions: |
* '''Asset Availability''' = The ability to consistently make the asset available for use. Consider the time an asset is available as a percentage of total time. (uptime/downtime ratios). | * '''Asset Availability''' = The ability to consistently make the asset available for use. Consider the time an asset is available as a percentage of total time. (uptime/downtime ratios). | ||
* '''Asset Performance''' = The ability to effectively utilize the asset during the time it is available. Consider actual output as a percentage of possible output. | * '''Asset Performance''' = The ability to effectively utilize the asset during the time it is available. Consider actual output as a percentage of possible output. | ||
Revision as of 16:07, 17 November 2021
Asset Efficiency is a Performance Attribute describing the ability to optimally utilize assets in support of generating revenue or performing a task. Example assets include: Cash, Inventories, Property, Plant & Equipment. Asset Efficiency has three dimensions:
- Asset Availability = The ability to consistently make the asset available for use. Consider the time an asset is available as a percentage of total time. (uptime/downtime ratios).
- Asset Performance = The ability to effectively utilize the asset during the time it is available. Consider actual output as a percentage of possible output.
- Asset Yield = The ability to qualitatively utilize the asset to produce results within specifications. Consider good output as a percentage of total output.
Compare also to other performance Attributes: Adaptability, Cost, Dependability, Responsiveness, Sustainability.
Community Importance Rating: