The Importance of Key Performance Indicators (KPI) And Total Equipment Effectiveness (Oee) In Improving Performance, Achieving Quality and Rationalizing Costs – Applied Research in Ur State Company for Electrical Industries.
- Post by: Muthanna mjdes
- November 2, 2022
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Muhammad Samir Duhaireb Al-Rubaie and Ali Muhammad Thajil Al-Maamouri
Al-Muthanna University / College of Administration and Economics Higher Institute of Accounting and Financial Studies / Baghdad
Abstract
The aim of the research is to clarify the role of the key Performance Indicators and the . Overall Equipment Efficiency in evaluating the performance of companies in Iraq, including Ur public Company, This is because most or all companies do not use this type of companies, Here the research problem emerged., And the research hypothesis was based on the use of these indicators in the industrial sector in general and Ur company in particular, will improve the performance, quality and rationalization of the company by relying on the ratios and information used in administrative and financial decisions. The research was applied in Ur public company for Electric Industries as one of the largest companies operating in the industrial sector, and the data for the year 2016.The research concluded with a set of results, the most important of which is the Iraqi industrial environment, including the company needs to adopt the application of the main performance indicators and the effectiveness of the equipment shown by the research because they have a role in clarifying the status and position of the company, whether quantitative or qualitative. Especially because it suffers from a deficit in its budget due to the decline in sales, working on addressing unsatisfactory results and promoting and increasing positive results and the need to actively take care of the marketing department being the promoter and instructor of the company’s products.
DOI:10.52113/6/2018-8-4/125-137
