FAQ About Enterprise Resource Planning
Enterprise Resource Planning
one year ago | gizem
What are some key performance indicators (KPIs) that ERP can help track?
ERP systems can track a wide range of key performance indicators (KPIs) across various functional areas of an organization. Some of the key performance indicators that ERP can help track include:
Financial KPIs:
- Revenue
- Gross Profit Margin
- Operating Profit Margin
- Net Profit Margin
- Return on Investment (ROI)
- Return on Assets (ROA)
- Accounts Receivable Days
- Accounts Payable Days
- Working Capital
- Cash Conversion Cycle
Inventory and Supply Chain KPIs:
- Inventory Turnover Ratio
- Fill Rate
- Order Cycle Time
- Perfect Order Rate
- On-Time Delivery
- Supplier Lead Time
- Stock-Out Rate
Sales and Marketing KPIs:
- Sales Revenue
- Sales Growth Rate
- Customer Acquisition Cost (CAC)
- Customer Lifetime Value (CLV)
- Customer Churn Rate
- Customer Retention Rate
- Marketing Return on Investment (ROI)
- Lead-to-Conversion Rate
Manufacturing and Production KPIs:
- Overall Equipment Effectiveness (OEE)
- Production Cycle Time
- Scrap Rate
- First Pass Yield (FPY)
- Production Schedule Attainment
- Downtime Percentage
Human Resources (HR) KPIs:
- Employee Turnover Rate
- Employee Satisfaction Score
- Training Hours per Employee
- Absenteeism Rate
- Time to Fill Open Positions
- Employee Productivity
Project Management KPIs:
- Project Schedule Variance
- Cost Performance Index (CPI)
- Schedule Performance Index (SPI)
- Project Profitability
- Project Return on Investment (ROI)
Customer Service and Support KPIs:
- Customer Satisfaction Score (CSAT)
- First Contact Resolution (FCR) Rate
- Average Response Time
- Average Resolution Time
- Customer Complaint Rate
Quality Management KPIs:
- Defect Rate
- First-Time Fix Rate
- Customer Returns Rate
- Non-Conformance Rate
Environmental and Sustainability KPIs:
- Energy Consumption
- Greenhouse Gas Emissions
- Water Usage
- Waste Reduction Rate