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KPIs in ‘VRM Product Development’

R&D spend as % of revenue

Research and development activities spend as percentage of revenue.
This KPI is most used for:
Operational Excellence

% of R&D cost related to new product development

Percentage of R&D cost related to new product development.
This KPI is most used for:
Operational Excellence

Availability

The general formula for availability is: Availability = [MTBF/(MTBF+MTTR)] x 100 Availability is a function of the total service time, the mean time between failure ...
This KPI is most used for:
Operational Excellence

New Products Revenue Ratio

Percent of revenue from products developed in last 4 years

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This KPI is most used for:
Operational Excellence
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