What is process performance indicator in SAP BPI-PI - SAP Process Insights?

SAP Term: process performance indicator

• Component: BPI-PI

• Component Name: SAP Process Insights

• Description: A key metric that quantifies the performance of business processes and is used by process owners or experts to monitor and optimize processes. Process performance indicators focus on performance at operational level and are more granular than key performance indicators, which typically focus on the overall performance of a company.

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• Key Concepts: 
  Process Performance Indicator (PPI) is a metric used to measure the performance of a process in SAP Process Insights (BPI-PI). It is calculated by taking the average of the process’s performance over a given period of time. The PPI is used to identify areas of improvement and to track the progress of a process.
  
  How to use it: 
  The PPI can be used to measure the performance of a process over time. It can be used to identify areas of improvement and to track the progress of a process. The PPI can also be used to compare different processes and determine which one is performing better.
  
  Tips & Tricks: 
  When using the PPI, it is important to consider the context in which it is being used. For example, if the PPI is being used to compare two processes, it is important to consider factors such as the complexity of each process and the resources available for each process.
  
  Related Information: 
  The PPI can be used in conjunction with other metrics such as cycle time, throughput time, and cost per unit. These metrics can provide additional insights into the performance of a process. Additionally, the PPI can be used in conjunction with other analytics tools such as predictive analytics and machine learning algorithms to gain further insights into a process’s performance.