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Given that we live in a time of data and information overload, we really need to have better mechanisms to make sense of it all. Data visualization supports the transfer of information to knowledge by illustrating hidden issues and opportunities in big data sets.
Businesses are looking for ways to improve their processes and create smoother, streamlined and more successful operations. Instead of wasting energy on tedious tasks or frustrating processes, you want to spend it on higher-level decision-making, operations and strategic direction.
Measures how much of the production schedule is actually achieved.
When a company is interested in attaining superior performance in customer service, sometimes it’s useful to peak into other companies’ “kitchen,” so that they can get an idea on where they stand in comparison to them.
Measures the probability for a company to be unable to recover all its expenses incurred, from the revenues obtained.
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