What is KPI in SAP BW-BEX - Business Explorer?

SAP Term: KPI

• Component: BW-BEX

• Component Name: Business Explorer

• Description: Key performance indicator Quantifiable, fixed business key figure, with which you can measure the progress of or degree of fulfillment for important objectives or critical success factors within an organization. You can monitor and evaluate a KPI and also determine its status. In SAP NetWeaver, a KPI is a new BW object type, which can be delivered as BI Content, and which accesses BW objects such as queries and InfoObjects. KPIs support common functions of BW object types, such as transports, content delivery, and broadcasting. Examples of KPIs: Purchase order lead time SRM Employee turnover rate HCM Capacity utilization SCM

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• Key Concepts: 
  KPI stands for Key Performance Indicator. It is a metric used to measure the performance of a business process or activity. In SAP BW-BEX Business Explorer, KPIs are used to measure the performance of a business process or activity in terms of its efficiency, effectiveness, and profitability. 
  
  How to use it: 
  KPIs can be used to track the performance of a business process or activity over time. In SAP BW-BEX Business Explorer, KPIs can be created by selecting the relevant data sources and defining the desired metrics. The KPIs can then be used to monitor the performance of the business process or activity and identify areas for improvement. 
  
  Tips & Tricks: 
  When creating KPIs in SAP BW-BEX Business Explorer, it is important to ensure that the data sources used are accurate and up-to-date. Additionally, it is important to ensure that the metrics used are relevant to the business process or activity being measured. 
  
  Related Information: 
  For more information on creating and using KPIs in SAP BW-BEX Business Explorer, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on creating and using KPIs in SAP BW-BEX Business Explorer.