Operational Efficiency Sample Clauses

Operational Efficiency. The Parties agree that in the event three (3) successive production runs from a single grade averages 1000 basis points (i.e., 10%) less than the operating machine efficiency (“OME”) standard for the grade, the Parties shall use commercially reasonable efforts to return the grade OME to the standard. If after such production runs, the OME for such grade has not improved to be less than 1000 basis points (i.e., 10%) below from the standard by the later to occur of (x) three (3) months elapsing since the original deficient production runs and (y) three (3) subsequent production runs of that grade, the Parties agree to update the grade standard cost to reflect the decline in OME.
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Operational Efficiency. CONTRACTOR shall seek out and implement methods of 24 improving system operations, service and cost-effectiveness along with improvements to 25 correct deficiencies and substandard performance. After approval by ICTC, results will 26 be reported to ICTC via the monthly management summary (“MSS”) report, activity 27 report or direct memorandum, along with a summary of any corrective actions that have 28 1 been taken. CONTRACTOR shall review and comment on plans, equipment purchases, 2 operative changes and related proposals of ICTC.
Operational Efficiency. The parties shall endeavour to provide operational flexibility in relation to the working of hours. Any changes shall occur after consultation and agreement between the Manager and the employees affected. Such operational flexibility shall enable the efficient performance of work within the company, provided that neither party shall unreasonably withhold consent to a proposal that seeks to provide operational flexibility in the working of hours.
Operational Efficiency. 2.1 The Supplier to deliver against the Supplier Action Plan to derive operational efficiencies over the Framework Period via continuous improvement and innovation Confirmation by the Authority of the value for money achieved by the dates identified in the Supplier Action Plan
Operational Efficiency. The operation of Licensor¶V V\VWhaHndPleVd byLthVe hosting provider. Their goal of uptime is passed by Licensor directly to Licensor¶VLic ensees. This target is 99.9 ZKLFK LV HTXLYDOHQW WR OHVV WKDQ PLQXWHV¶ Planned downtime is not included in the calculation of operational efficiency The hosting provider monitors the systems 24 hours a day and takes immediate action if a fault occurs in order to comply with the above operational objective.
Operational Efficiency. Projects: - Size of circle indicates impact in terms of population positively affected, cost savings in program operation and other relevant factors - Color and placement of circle indicates recommended funding (green), not funding (blue), or additional dialogue required (grey). - Dashed lines indicate initial cutoff for recommended projects (above the green line) and not recommended (below the blue line) with additional dialogue required for the “grey area” projects between the two cutoff lines. In addition, the Impact of the project is considered, in terms of population affected (ex. number of children, public assistance recipients, regulated professionals/businesses), cost savings/ avoidance in program operation, and other relevant measures of impact. The Constraints of funding availability, as well as the guidance and requirements to qualify for specific funding sources (ex. federal match, grants, trust fund, general revenue) will also be taken into considerations with the intent of optimizing the value from the investment. As projects are identified, iterative prioritization can be conducted on the entire portfolio of proposed projects, plotting the analysis to identify the initial cutoff points for those projects where approval is initially recommended vs. those where approval is not recommended. This process will allow for dialogue on both the preliminary recommendation and on the “grey area” of projects that neither clearly fall into the recommended nor the not- recommended categories. An initial “draft prioritization” can be conducted early, identifying the “preliminary recommended” projects for additional analysis. As additional projects are identified or as further analysis is conducted to provide additional detail, the prioritization process can be repeated. Before a Process and Productivity Improvement initiative is launched, we will work with the agency to formally define the Project Charter for the initiative which typically includes: Problem Statement; Proposed Solution; Value Metrics: Outcomes, Program Efficiency, Operational Efficiency; Estimated Investment Required; Barriers and Risks; Timeline for Implementation; Constraints. This becomes an important input to Project Management activities to realize the expected benefits. ProCom has extensive experience providing assistance with process and productivity improvement to government entities, including Alaska Department of Health and Social Services, Florida Department of Children and Fami...
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Operational Efficiency. The operation of Licensor’s systems is handled by the hosting provider. Their goal of uptime is passed by Licensor directly to Licensor’s Licensees. This target is 99.9% which is equivalent to less than 45 minutes’ downtime per month. Planned downtime is not included in the calculation of operational efficiency The hosting provider monitors the systems 24 hours a day and takes immediate action if a fault occurs in order to comply with the above operational objective.
Operational Efficiency. 7KH RSHUDWLRQ RI 9ha(nd1le7d 8by¶thVe hoVst\ingVpWroHviPdeVr. ThLeirV g oal of uptime is passed by VENTU directly to 9(178Li¶ceVns ees. This target is 99.9 ZKLFK LV HTXLYDOHQW WR OHVV WKDQ PLQXWHV¶ Planned downtime is not included in the calculation of operational efficiency The hosting provider monitors the systems 24 hours a day and takes immediate action if a fault occurs in order to comply with the above operational objective.
Operational Efficiency. By setting forth procedures for payment, token delivery, and other transactional aspects, the TPA streamlines the purchase process, ensuring efficiency and minimizing the potential for disputes.
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