Are metered events generally classified as local or global?

Metered events are generally classified as local because they pertain to specific instances or occurrences within a defined, localized environment or timeframe. In maintenance and material management, local metered events provide detailed insights tailored to particular operations, such as equipment usage or material consumption within a specific facility or process.

This localized perspective allows for the monitoring and analysis of performance metrics that are directly relevant to the immediate context, facilitating targeted improvements and operational efficiency. By focusing on these specific local events, organizations can better manage resources, track performance metrics, and implement strategies for optimization.

While global classifications might encompass broader trends or aggregate data across various locations or systems, metered events' focus on localized data is essential for effective decision-making and management within specific operational areas. This distinct characteristic of local metered events makes them crucial for performance analysis and resource allocation.