OpenReference

Asset Efficiency is a Performance Attribute describing the ability to optimally utilize assets in support of generating revenue or performing a task. Asset Efficiency has three dimensions:

• Asset Availability = The ability to consistently make the asset available for use. Consider the time an asset is available as a percentage of total time. (uptime/downtime ratios).
• Asset Performance = The ability to effectively utilize the asset during the time it is available. Consider actual output as a percentage of possible output.
• Asset Yield = The ability to qualitatively utilize the asset to produce results within specifications. Consider good output as a percentage of total output.

Compare also to other performance Attributes: Adaptability, Cost, Dependability, Responsiveness, Sustainability.

Community Importance Rating:

5.00

(5 votes)

Hierarchy

ID	Name	Level	x
AE	Asset Efficiency	0	AE
AE1	Cash Conversion Cycle	1	AE1
AE2	Fixed Asset Turns	1	AE2
AE3	Overall Equipment Efficiency	1	AE3

Asset Efficiency 50000 0 Performance, Attribute, Metric, Asset, Efficiency, Inventory, Cash Conversion Cycle, Payables, Receivables The ability to optimally utilize assets in support of generating revenue or performing a task.