The ability to optimally utilize assets in support of generating revenue or performing a task. Asset Efficiency has three sub-attributes:
- Asset Availability = The ability to consistently make the asset available for use. Consider asset uptime/downtime ratios.
- Asset Performance = The ability to effectively utilize the asset during the time it is available. Consider actual output vs possible output.
- Asset Yield = The ability to qualitatively utilize the asset to produce results within specifications. Consider good output vs total output.
Compare also to other performance Attributes: AD, CO, DP, RS, SD.
Community Importance Rating
|AE1||Cash Conversion Cycle||1||AE1|
|AE2||Fixed Asset Turns||1||AE2|