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