What is operational performance management (OPM)?
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Operational performance management (OPM) is the alignment of all business units within an organization to ensure that they are working together to achieve core business goals.
In manufacturing, OPM software integrates and analyzes data from a variety of plant sources and translates raw data feeds into actionable information. The data is packaged as exception reports and key performance indicator (KPI) dashboards, so that the information can be viewed in context.
OPM software allows manufacturers to establish links between operations KPIs and critical business metrics. As a result, they gain insight into everything from asset utilization to machine uptime and plant-floor productivity while also monitoring energy usage, uncovering the cause of quality problems, and ensuring consistent production across multiple lines.