🌡️ Budget Execution Thermometer
Adjust the values and see the result in real time. The preloaded values are examples and the thresholds are indicative.
% of budget consumed
67.5%
Status
-
Forecast at project end
225,000€
-
Quick summary
- Problem: a budget full of initiatives gets approved... and by mid-year nobody knows what has been executed or what impact it has had.
- Approach: connect every euro in the budget with concrete projects and measurable results (savings, capacity, service).
- What you get: a simple framework and an interactive "thermometer" that tells you whether you are on track or burning budget.
- Time: 7 min read + 3 min to review your budget.
1) Why the budget doesn't look like reality
The budget is usually built once a year, in Excel, far from the day to day. Reality moves with orders that change, projects that slip and "opportunity" investments.
The result: at year end you know how much you spent, but not what changed in OEE, scrap, lead time or energy.
2) A simple framework: from budget to results
A quick way to link what you budget with initiatives, concrete projects and measurable results.
Step 1
Budget
Euros assigned to improvements, maintenance, digitalization and people.
Step 2
Initiatives
Blocks such as: "OEE", "energy", "quality", "customer service".
Step 3
Projects
Concrete actions with an owner, a deadline, a cost and an associated KPI.
Step 4
Results
Annual savings, additional capacity and measurable service improvements.
Three numbers rule: Annual investment, Recurring annual savings and Time to capture.
3) Practical steps to bring the budget down to earth
- List your improvements. Only the ones that "change something".
- Connect to a KPI. Example: "€100k into OEE" → +7% OEE.
- Define the economic outcome. Annual savings and payback.
- Set quarterly milestones. What must be done in Q1, Q2...
- Review monthly. Spend vs. savings achieved.
Execution Thermometer
Enter your budget and savings data. Get an indicative reading of your execution: the thresholds are a practical guide, not validated criteria.
Diagnosis
Enter your data to see the analysis. The preloaded values are examples.
Illustrative example: from spending for the sake of it to investing with intent
Imagine an industrial SME that by mid-year has spent a good part of the budget but captured little savings.
Prioritize the initiatives with a provable business case and review the savings actually captured.
2-Week Mini Plan
Week 1: Organize
- Extract the improvement budget lines.
- Assign an initiative to each one.
- Define a target KPI.
Week 2: Connect
- Mark the projects already underway.
- Apply the thermometer.
- Share the board and adjust.