⚙️ Operations IQ
Operations IQ
Production performance, lead time adherence, on-time shipping, and labor/overhead utilization across your manufacturing facilities.
What Operations IQ covers
Operations IQ pulls work order and production transaction data from your ERP systems to give you a real-time picture of production health. The Daily Pulse dashboard shows key operational KPIs including LHV%, past due orders, open order value, and Tier 2 same-day order fulfillment percentage.
Key metrics
- LHV% - Labor/Hour Value percent; a measure of labor and overhead absorption against standard.
- Past Due - value of sales or work orders past their promised date.
- Open Orders - total value of open sales orders at the current period.
- On-Time Ship - percent of orders shipped on or before the promised ship date.
- Tier 2 Same Day Order% - percent of Tier 2 customer orders shipped same day as ordered.
