Process time refers to the time spent to complete a process. You can measure process time through the use of a time study. Time studies are resource-intensive, both from a time and cost perspective.

Every person and organization has some familiarity with performance metrics and reporting, yet how to take that experience and apply it to asset management is not straightforward. Looking at industry ...

As they say, you manage what you measure. Accordingly, an entire industry has developed around performance measurement and performance management. Popular tools include the Balanced Scorecard, ...

According to a recent study, only 27% of organizations have a measurement strategy in place to determine the success of their training efforts. Does this percentage surprise anyone? As a vendor hired ...

This article was originally published by RFID Update. November 9, 2006—The growth of RFID implementation activity in areas such as asset management and tracking and maintenance, repair and overhaul ...

At its core business process management is the administrative activities aimed at (1) defining a process, (2) establishing responsibilities, (3) evaluating process performance and (4) identifying ...