Category Archives: Internal

Percentage of waste generated

Definition:
Percentage of total raw material that ends up as waste

Calculation:
(waste / total raw material input) x 100%

This KPI is measured as: Percentage (%)

Interpretation of results: Lower Is Better

Strategic objective:
Reducing environmental impact; cost effectiveness

Percentage of waste recycled

Definition:
Percentage of total raw material that ends up as waste, and will be recycled to be used as raw material in the production process again

Calculation:
(recycled waste / total waste) x 100%

This KPI is measured as: Percentage (%)

Interpretation of results: Higher Is Better

Strategic objective:
Reducing environmental impact; cost effectiveness

Water consumption per production unit

Definition:
Total liters of water used in the production process for producing one single unit

Calculation:
Sum of liters water used per produced unit

This KPI is measured as: Number (amount Of Units, Rating, Etc)

Interpretation of results: Lower Is Better

Strategic objective:
Reducing environmental impact; cost effectiveness

Water consumption per sales dollar

Definition:
Total liters of water used in the production process, per sales dollar

Calculation:
Sum of liters water used per sales dollar

This KPI is measured as: Number (amount Of Units, Rating, Etc)

Interpretation of results: Lower Is Better

Strategic objective:
Reducing environmental impact; cost effectiveness

Percentage of invoices processed within a certain period

Definition:
Part of all the invoices that have been processed within a predefined period. This figure can be relevant for managing the creditors ledger.

Calculation:
(Invoices processed in the defined period / total number of invoices) * 100%

This KPI is measured as: Percentage (%)

Interpretation of results: Higher Is Better

Strategic objective:
Efficient operations; good relationship with creditors

Average age of company patents

Definition:
The age of patents from the company. A higher average age means that the organization was less innovative in the recent history since there are more old than new patents.

Calculation:
Average of patent ages

This KPI is measured as: Time (e.g. Years, Minutes)

Interpretation of results: Lower Is Better

Strategic objective:
Innovation

Percentage of hours spent on R&D

Definition:
Part of all the working hours within the organization that have been spent on Research & Development.

Calculation:
(R&D hours / total spent hours) * 100%

This KPI is measured as: Percentage (%)

Interpretation of results: Depends On The Goals

Strategic objective:
Innovation

Volunteer retention rate

Definition:
Percentage of volunteers that stay for a predefined period or longer

Calculation:
(Volunteers that stay for at least the predefined period / total number of volunteers) x 100%

This KPI is measured as: Percentage (%)

Interpretation of results: Higher Is Better

Strategic objective:
Efficient operations

Emissions from production into the environment

Definition:
Amount of emission into the environment from production. The emission type has to be predefined, e.g. CO2 or other waste from the production process.

Calculation:
Sum of emission

This KPI is measured as: Number (amount Of Units, Rating, Etc)

Interpretation of results: Lower Is Better

Strategic objective:
Reducing environmental impact

Energy consumed per unit

Definition:
The amount of energy that has been used to produce a single unit. The lower the amount of energy, the lower the production price and the lower the environmental impact

Calculation:
Amount of energy (e.g. KwH)

This KPI is measured as: Number (amount Of Units, Rating, Etc)

Interpretation of results: Lower Is Better

Strategic objective:
Reducing environmental impact; cost effectiveness