A new method overcomes many of the limitations of existing hydrocarbons benchmarking practices and addresses the need for a single and precise measurement of operational performance that can be ...

There are many ways to measure the performance of a company so as to determine if it is doing well. The most common method is to look at its gross or net profit. This, however, isn't always a reliable ...

Operational performance ratios measure how different aspects of a company's finances are performing. The fixed-asset turnover ratio, operating cycle ratio and revenue per employee ratio each provide a ...

Striving for operational excellence is crucial for business success today. In a previous article, I discussed driving operational success through an effective annual planning process. I encouraged ...

Workplace safety methods focus on controls implementation, while Human Operational Performance Theory (HOPT) focuses on risk reduction and safety improvement. Safety in industries such as energy, ...

Container ports are critical nodes in globally connected supply chains, handling merchandise and semi-finished products. The Container Port Performance Index (CPPI) measures the time container ships ...