operational performance management (OPM)
Home > Manufacturing ERP/SCM/IT Definitions - Operational performance management (OPM)
SearchManufacturingERP.com Definitions (Powered by WhatIs.com)
EMAIL THIS
LOOK UP TECH TERMS Powered by: WhatIs.com
Search listings for thousands of IT terms:
Browse tech terms alphabetically:
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z #

operational performance management (OPM)


Show me everything on Manufacturing performance management software

DEFINITION - What is operational performance management (OPM)?

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.

Learn More About IT:
> Industry Directions explains the need for operational performance management in this executive brief.
> InformationManagement.com offers an article about operational performance management

LAST UPDATED: 14 Oct 2009

Do you have something to add to this definition? Let us know.
Send your comments to techterms@whatis.com





FILE EXTENSION AND FILE FORMAT LIST
File Extension and File Format List:
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z #


RELATED CONTENT
Manufacturers benefit from business process management on plant floor
Some manufacturers are turning to BPM software to optimize plant floor management. Find out how BPM can be used to process plant data and enhance ...
Transforming plant data into business intelligence
Some manufacturers are turning to manufacturing intelligence (MI), or operational performance management (OPM), software to find KPIs and increase...
Vendors adding manufacturing intelligence capabilities
The growing interest in operational performance management is leading many manufacturers to implement best-of-breed ERP systems that offer...




HomeNewsTopicsITKnowledge ExchangeAsk the ExpertsMultimediaWhite Papers
About Us  |  Contact Us  |  For Advertisers  |  For Business Partners  |  Site Index  |  RSS
SEARCH 
TechTarget provides technology professionals with the information they need to perform their jobs - from developing strategy, to making cost-effective purchase decisions and managing their organizations' technology projects - with its network of technology-specific websites, events and online magazines.

TechTarget Corporate Web Site  |  Media Kits  |  Site Map




All Rights Reserved, Copyright 2008 - 2009, TechTarget | Read our Privacy Policy
  TechTarget - The IT Media ROI Experts