What is performance in SAP MFG-MPM - Manufacturing Performance Management?

SAP Term: performance

• Component: MFG-MPM

• Component Name: Manufacturing Performance Management

• Description: The ratio of the actual production to the amount that should have been produced given the amount of time equipment was available. Performance is an Overall Equipment Effectiveness OEE KPI derived from granular component KPIs.

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• Key Concepts: 
  MFG-MPM Manufacturing Performance Management is a SAP solution that helps manufacturers to monitor and analyze their production performance. It provides real-time insights into production processes, enabling manufacturers to identify areas of improvement and optimize their operations. The solution also helps to reduce costs and increase efficiency by providing visibility into production performance.
  
  How to use it: 
  MFG-MPM Manufacturing Performance Management can be used to monitor and analyze production performance in real-time. It provides insights into production processes, enabling manufacturers to identify areas of improvement and optimize their operations. The solution also helps to reduce costs and increase efficiency by providing visibility into production performance.
  
  Tips & Tricks: 
  • Use MFG-MPM Manufacturing Performance Management to identify areas of improvement in production processes. 
  • Monitor production performance in real-time to ensure that operations are running efficiently. 
  • Utilize the solution’s insights to reduce costs and increase efficiency. 
  
  Related Information: 
  SAP offers a range of solutions for manufacturers, including MFG-MPM Manufacturing Performance Management, which helps manufacturers monitor and analyze their production performance in real-time. Other solutions include SAP Manufacturing Execution (SAP ME), SAP Manufacturing Integration and Intelligence (SAP MII), and SAP Plant Maintenance (SAP PM).