Impact Metrics for Revs
You can add different metrics that will impact your Rev in the Review section. There are two types of metrics, Reduction, and Increment.
The options available depend on the availability of your Organization.
Metrics that represent a reduction of a certain type of impact.
Cost Avoidance - Intangible benefit from a project. “Soft savings”
Cost Reduction - Tangible benefit from a project. “Hard savings”
Time Saving - Time benefit obtained by implementing the project
Changeover - Period of time saved from when the last product rolls off the line to when the next run begins
Complaints - Number/quantity of complaints
Defective Product - Weight or quantity of defective product
Energy Consumption - Amount of energy that is used to perform a specific task, manufacture a product or maintain the operation of a building
Energy and Line Stops
Gas Consumption - The rate at which an engine uses fuel, expressed in units such as miles per gallon or liters per kilometer
MTTR (Mean time to repair) - A maintenance metric that measures the average time required to troubleshoot and repair failed equipment
Raw Material - The basic material from which a product is made
Recalls - A request for the return of a product with a fault
Reprocess - Process again or differently, typically in order to reuse it
Safety Accidents - An event that results in injury or ill health
Safety Incidents - Any event that has caused an injury to a person, property, or environment, or a Near Miss
Scrap - A small piece or amount of something, especially one that is left over after the greater part has been used
TCIR (Total case incident rate) - The number of work-related injuries per 100 full-time workers during a one-year period
Waste - Any substance discarded after primary use, or is worthless, defective, and of no use
Water Consumption - The portion of water used that is not returned to the original water source after being withdrawn
Metrics that represent an increase in a certain type of impact.
Revenue - The money generated from normal business operations
Availability - The quality of being able to be used or obtained
Customer Satisfaction - A measurement that determines how happy customers are with a company's products, services, and capabilities
MTBF (Mean time between failures) - The predicted elapsed time between inherent failures of a mechanical or electronic system during normal system operation. MTBF can be calculated as the arithmetic mean (average) time between failures of a system
NPS (Net Promoter Score) - A customer loyalty and satisfaction measurement taken by asking customers how likely they are to recommend your product or service to others on a scale of 0-10
OEE (Overall equipment effectiveness) - It identifies the percentage of manufacturing time that is truly productive
The options available depend on the availability of your Organization.
Reduction
Metrics that represent a reduction of a certain type of impact.
Cost Avoidance - Intangible benefit from a project. “Soft savings”
Cost Reduction - Tangible benefit from a project. “Hard savings”
Time Saving - Time benefit obtained by implementing the project
Changeover - Period of time saved from when the last product rolls off the line to when the next run begins
Complaints - Number/quantity of complaints
Defective Product - Weight or quantity of defective product
Energy Consumption - Amount of energy that is used to perform a specific task, manufacture a product or maintain the operation of a building
Energy and Line Stops
Gas Consumption - The rate at which an engine uses fuel, expressed in units such as miles per gallon or liters per kilometer
MTTR (Mean time to repair) - A maintenance metric that measures the average time required to troubleshoot and repair failed equipment
Raw Material - The basic material from which a product is made
Recalls - A request for the return of a product with a fault
Reprocess - Process again or differently, typically in order to reuse it
Safety Accidents - An event that results in injury or ill health
Safety Incidents - Any event that has caused an injury to a person, property, or environment, or a Near Miss
Scrap - A small piece or amount of something, especially one that is left over after the greater part has been used
TCIR (Total case incident rate) - The number of work-related injuries per 100 full-time workers during a one-year period
Waste - Any substance discarded after primary use, or is worthless, defective, and of no use
Water Consumption - The portion of water used that is not returned to the original water source after being withdrawn
Increment
Metrics that represent an increase in a certain type of impact.
Revenue - The money generated from normal business operations
Availability - The quality of being able to be used or obtained
Customer Satisfaction - A measurement that determines how happy customers are with a company's products, services, and capabilities
MTBF (Mean time between failures) - The predicted elapsed time between inherent failures of a mechanical or electronic system during normal system operation. MTBF can be calculated as the arithmetic mean (average) time between failures of a system
NPS (Net Promoter Score) - A customer loyalty and satisfaction measurement taken by asking customers how likely they are to recommend your product or service to others on a scale of 0-10
OEE (Overall equipment effectiveness) - It identifies the percentage of manufacturing time that is truly productive
Updated on: 25/04/2024
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