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5. Processes Quantification
The Processes Quantification step involves measuring existing processes using metrics such as Utilisation Rate, ROI, Fap Index, Automation Index, Cycle Time, WIP, and Throughput. These metrics help define objectives and set process KPI targets, allowing for a quantifiable understanding of current performance and areas for improvement.
Outcomes
Key metric identification & measurement.
Defined objectives and KPI targets for process improvement.
Process track and trace: find out how much processes are worth, what they cost and where they go wrong.
Process interconnection mapping: see how core processes interweave with each other.
Databasing: connected to real time data gathering and processing metrics.
