First Pass Yield (FPY) is a measure of the operational efficiency. It basically measures the percentage of items that are moving through a process without any problems.
First Pass Yield (process q)= FPY (process step a) x FPY (process step a) x FPY (process step a) x … x FPY (process step 'n')
This indicator is included in the book: Key Performance Indicators - the 75+ measures every manager needs to know, which contains an in-depth description of this KPI, as well as practical advice on data collection, calculations, target setting, and actual usage.
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