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Key Performance Indicatornoun · abbr.

A quantified measure tracked against a target to judge performance.

A KPI pairs a defined metric with a target, an owner and a review rhythm. Without all three it is merely a number on a report that nobody acts on.

The discipline is restraint. A handful of KPIs that drive decisions beats forty that describe the business, and each one needs a written definition so the figure does not shift when the analyst does.

Also called

  • KPI
  • performance metric

See it in AWRA OpsHub

Reports & BI Studio

Related terms

Dashboard

A curated view of current metrics for a specific audience and decision.

Fill Rate

The share of demand met from stock on hand without delay.

Units Per Hour

UPH

A productivity measure of units handled per labour hour.

Budget Variance

The difference between budgeted and actual figures for a period.

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Key Performance Indicator is not just a definition here

Data & Systems runs on this vocabulary every day in AWRA OpsHub — 19 of our 257 glossary terms describe things the platform actually does.

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