Operational Excellence Clause Samples
The Operational Excellence clause sets standards and expectations for the quality and efficiency of a party’s operations under the agreement. It typically requires the party to maintain best practices, adhere to industry benchmarks, and continuously improve processes to deliver high-quality services or products. For example, it may obligate a service provider to implement regular training, quality control measures, or performance reviews. The core function of this clause is to ensure consistent, high-level performance and to minimize risks associated with subpar operations, thereby protecting the interests of all parties involved.
POPULAR SAMPLE Copied 1 times
Operational Excellence. When a MetroBus runs without a breakdown four times longer than the industry average, federal officials and transit agencies can’t help but take notice. Metro is known nationally and around the world for its efficiency and reliability, headed by a rigorous maintenance program that monitors all vehicle systems, forecasts their lifespan and replaces them well before they fail. The numbers: Capital costs are down 25 percent. Per-mile MetroBus operating costs have dropped from 85 to 65 cents in 12 years. Most importantly, customer satisfaction is up, with complaints down 56 percent for Metro Call-A-Ride, 51 percent for MetroBus and 7 percent for MetroLink. The MetroLink fleet reached a remarkable milestone in October, surpassing more than 100 million miles traveled. Its journey began 21 years ago when MetroLink opened with 14 miles of track and 16 stations. The now 46-mile light rail system recorded more than 17.4 million boardings last year, and $2.2 billion has been invested into communities within a half-mile of its 37 MetroLink stations. A large percentage of St. Louis Community College students rely on MetroBus transportation to get back and forth to their classes at Florissant Valley and to their jobs. The added services provided with the new North County Transit Center will improve transportation accessibility and encourage more people in the North County area to take advantage of mass transit. ASSISTANT PROFESSOR OF COMMUNICATIONS, ST. LOUIS COMMUNITY COLLEGE AT FLORISSANT VALLEY Metro is planning to expand one of its busiest transit centers, serving MetroLink, MetroBus and Metro Call-A-Ride. At 14th and Spruce in downtown St. Louis, the federally funded renovation will include 18 MetroBus bays, room for Metro’s 60-foot articulated buses, a climate-controlled waiting area, restrooms, concessions and a public safety sub-station. More than 8,300 Southwestern Illinois College students, faculty and staff use MetroLink, MetroBus and Madison County Transit services each semester. This is a green alternative to automobiles, and for many students without reliable transportation, it is the only way they can attend college. PRESIDENT, SOUTHWESTERN ILLINOIS COLLEGE 1986 Public art around transit begins. 1987 One of the region’s most innovative transit-oriented development projects is adjacent to the Emerson Park MetroLink Station: Jazz at ▇▇▇▇▇▇ Circle. The $22 million senior apartment complex offers more than 100,000 square feet of floor space, 74 residential un...
Operational Excellence. Pulp and Paper producer in Indonesia We meet that need with OPERATIONAL EXCELLENCE Customer Benefit: Improved operations
Operational Excellence. In the event Supplier meets all service level metrics including TAT Requirements, QA Threshold, and at least ***** percent ***** accuracy under the QA Program for all volume of reports transcribed and edited during a billing period, Supplier shall be entitled to an additional ***** for the applicable billing period (“Operational Excellence Fee”). Supplier shall not be entitled to an Operation Excellence Fee if Supplier is in breach of this Agreement.
Operational Excellence. Mining and mineral processor in Sweden Customer Benefit: Improved operations —
Operational Excellence proven methodologies and frameworks to ensure on-time, on-budget project delivery; and • Mission critical intellectual property: expanded portfolio creates opportunities for profitable revenue growth, improved quality mix and over time, increased margins. As a European business and technology service company Logica has unique strengths in its understanding of the European IT services market, its expertise across industry verticals and its intimate knowledge of its clients’ businesses that enable Logica to create value for clients. The proposed combination of CGI and Logica would create a leading player in the IT services sector worldwide with a meaningful presence in the Americas, Europe and Asia. Additionally, the combined resources of the two companies would provide an ideal platform to serve clients locally and globally, to win larger scale outsourcing opportunities, and to offer the combined client base a diverse portfolio of services and IP-led solutions, both in North America and Europe. The combined business is expected to deliver integration benefits totalling £125 million (C$200 million) by the end of the third financial year following completion. These benefits are expected to be realised at a one-off cost of £165 million (C$265 million) over three years. Including the impact of the expected financial benefits, the Acquisition is expected to be immediately and significantly accretive in the range of 25 per cent. to 30 per cent. to CGI’s adjusted earnings per share excluding integration and acquisition related costs. The accretion rate is expected to accelerate throughout the three year integration period following completion of the Acquisition. In addition, it is anticipated further revenue opportunities will be available to the combined business through the enhanced offering of both geographic and product services to clients of both CGI and Logica.
Operational Excellence. To create an environment where Employee skills are progressively developed through training and experience to improve productivity in all areas of operation.
Operational Excellence. To succeed Fonterra must continually improve its processes, introduce new technologies and products, implement new ways of working and develop new skills. Best-practice operational excellence is a key goal for Fonterra. Operational Excellence will be jointly governed by Fonterra, the Union and other appropriate union participants. Operational Excellence will be implemented in the workplace in line with NJSC approved toolkits to agreed stages; and through consensus building and negotiated change between the parties. The parties will strive for consensus decision-making in all aspects of the implementation and continuous improvement processes of Operational Excellence.
Operational Excellence. Oversee all aspects of daily operations to ensure efficiency and adherence to established standards. - Implement and optimize processes to enhance overall organizational performance. - Drive the integration of cutting-edge technologies to enhance operational efficiency and maintain the company's competitive edge.
Operational Excellence. Offshore oil producer in Norway Customer Benefit: Improved operations Equipment covered: ABB 800xA Integrated Control and Safety System, Information Management System, and Telecommunications Systems Services include: 24/7 Service Support, System Modification Services, and Remote Condition Monitoring —
Operational Excellence. Ultimately, we must delight our customer by executing every task flawlessly over the entire life of the contract. We have defined a roadmap for the implementation of Capability Maturity Model Integration (CMMI) and International Organization for Standardization (ISO) at ADS. Hence, our entire system of IT policies, processes, and procedures are governed by ISO 9001:2015 standards, supported by Information Technology Infrastructure Library (ITIL) v3 and CMMI quality trained personnel. By maintaining Operational Excellence during the execution of every solicitation, we will provide consistent value to the mission of DMS-FL solicitations. We have a long history in providing excellence to our customers, as reflected in our enterprise contracts. We have utilized the above attributes in several engagements, and it is successful in our ability to provide expert, experienced, and capable staff. We will use our proven staffing and recruiting approaches to support the DMS-FL IT effort. In the following subsections, we are responding to several questions from the solicitation.