KPI Library
Navigate your organization to excellence with 17,288 KPIs at your fingertips.




Why use the KPI Library?

Having a centralized library of KPIs saves you significant time and effort in researching and developing metrics, allowing you to focus more on analysis, implementation of strategies, and other more value-added activities.

This vast range of KPIs across various industries and functions offers the flexibility to tailor Performance Management and Measurement to the unique aspects of your organization, ensuring more precise monitoring and management.

Each KPI in the KPI Library includes 12 attributes:

  • KPI definition
  • Potential business insights [?]
  • Measurement approach/process [?]
  • Standard formula [?]
  • Trend analysis [?]
  • Diagnostic questions [?]
  • Actionable tips [?]
  • Visualization suggestions [?]
  • Risk warnings [?]
  • Tools & technologies [?]
  • Integration points [?]
  • Change impact [?]
It is designed to enhance Strategic Decision Making and Performance Management for executives and business leaders. Our KPI Library serves as a resource for identifying, understanding, and maintaining relevant competitive performance metrics.

Need KPIs for a function not listed? Email us at support@flevy.com.


We have 132 KPIs on ISO 10218 in our database. KPIs for ISO 10218 implementation are essential for ensuring the safety of robots and robotic devices in the workplace. They measure incident rates, compliance with safety standards, and effectiveness of safety controls.

These metrics help in mitigating risks associated with robotic operations, protecting workers, and optimizing robot performance. KPIs support the safe and effective integration of robotic technology into various industries. They are key for organizations to harness the benefits of robotics while ensuring the safety and well-being of their workforce.

  Navigate your organization to excellence with 17,288 KPIs at your fingertips.
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KPI Definition Business Insights [?] Measurement Approach Standard Formula
Automated Emergency Shutdown Reliability

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The reliability of automated emergency shutdown systems in robotic systems, crucial for safety as stated in ISO 10218. Provides insight into the reliability of the emergency shutdown systems integrated into robotic equipment. Measures the percentage of successful automated shutdowns in emergency situations. (Number of Successful Automated Emergency Shutdowns / Total Number of Emergency Shutdowns) * 100
Automated Material Handling Efficiency

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The efficiency of material handling processes that are automated by robots, assessed by throughput and error rates. Sheds light on the effectiveness of automation in optimizing material flow and reducing manual intervention. Measures the throughput rate and accuracy of automated systems in material handling processes. (Units Handled Correctly by Automated System / Total Units Handled) * 100
Automated Safety Monitoring Adoption Rate

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The rate of implementation of automated safety monitoring systems in robotic applications, aligning with ISO 10218's emphasis on continuous safety. Reveals the degree of modern safety technology integration and potential areas for increased adoption of automated monitoring. Tracks the percentage of automated safety monitoring systems implemented in the organization's robotic operations. (Number of Automated Safety Monitoring Systems Implemented / Total Number of Safety Monitoring Systems Possible) * 100
KPI Library
$189/year

Navigate your organization to excellence with 17,288 KPIs at your fingertips.


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CORE BENEFITS

  • 132 KPIs under ISO 10218
  • 17,288 total KPIs (and growing)
  • 360 total KPI groups
  • 107 industry-specific KPI groups
  • 12 attributes per KPI
  • Full access (no viewing limits or restrictions)

FlevyPro and Stream subscribers also receive access to the KPI Library. You can login to Flevy here.

Automation Scalability Index

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A measure of how easily the existing robotic systems can be scaled up or down in response to production demands. Highlights the flexibility of the manufacturing setup to meet changing demands and the potential for expansion. Considers the ease and cost-effectiveness with which the current automation system can be scaled up or down. (Total Cost of Additional Automation / Increase in Production Capacity) * 100
Autonomous Decisions by Robots

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The number of decisions made autonomously by robots without human intervention, which can be a measure of advanced AI implementation in robotics. Reflects the level of intelligence and autonomy integrated into robotic systems, which can indicate potential for reduced human oversight. Tracks the number of decisions made by robots without human intervention. Total Number of Autonomous Decisions Made by Robots / Total Number of Decisions Required
Autonomous Mobile Robots (AMRs) Penetration Rate

More Details

The percentage of material handling and movement tasks performed by AMRs, reflecting the level of warehouse automation. Indicates the degree of modernization and efficiency in material handling and intra-logistics. Measures the proportion of AMRs in use compared to the total number of mobile robots. (Number of AMRs in Operation / Total Number of Mobile Robots) * 100

Additional Critical KPI Categories for ISO 10218

In the ISO 10218 industry, selecting the right KPIs goes beyond just industry-specific metrics. Additional KPI categories that are crucial for this sector include financial performance, operational efficiency, innovation and R&D, and regulatory compliance. Each of these categories provides critical insights that can help executives make informed decisions and drive organizational success. Financial performance KPIs such as revenue growth, profit margins, and return on investment (ROI) are essential. According to McKinsey, organizations that effectively track financial performance metrics are 20% more likely to achieve their strategic goals. Operational efficiency KPIs like cycle time, machine uptime, and overall equipment effectiveness (OEE) are equally vital. These metrics help identify bottlenecks and areas for improvement in the production process, ensuring optimal resource utilization and reducing downtime.

Innovation and R&D KPIs are also critical in the ISO 10218 industry. Metrics such as the number of new patents filed, R&D expenditure as a percentage of revenue, and the time-to-market for new products provide insights into the organization's ability to innovate and stay ahead of the curve. According to a study by BCG, companies that prioritize innovation and track relevant KPIs are 30% more likely to outperform their peers. Regulatory compliance is another crucial category. KPIs such as the number of compliance violations, audit findings, and corrective actions taken are essential for ensuring that the organization adheres to industry standards and regulations. Non-compliance can result in hefty fines and damage to the organization's reputation.

Customer satisfaction and employee engagement are additional KPI categories that should not be overlooked. Customer satisfaction KPIs like Net Promoter Score (NPS), customer retention rate, and customer complaint resolution time provide insights into how well the organization meets customer expectations. According to Deloitte, companies with high customer satisfaction scores are 60% more likely to achieve higher profitability. Employee engagement KPIs such as employee turnover rate, employee satisfaction score, and training hours per employee are equally important. Engaged employees are more productive, and organizations with high employee engagement levels are 21% more profitable, according to Gallup.

Supply chain management KPIs are also critical for the ISO 10218 industry. Metrics such as supplier lead time, inventory turnover, and order fulfillment rate provide insights into the efficiency and reliability of the supply chain. According to a report by Gartner, organizations that effectively manage their supply chain can reduce costs by up to 15% and improve customer satisfaction. Cybersecurity is another crucial category. KPIs such as the number of security incidents, time to detect and respond to threats, and the percentage of systems compliant with security standards are essential for protecting the organization's data and systems from cyber threats. According to Accenture, organizations that prioritize cybersecurity and track relevant KPIs are 50% less likely to experience a data breach.

Explore this KPI Library for KPIs in these other categories (through the navigation menu on the left). Let us know if you have any issues or questions about these other KPIs.

ISO 10218 KPI Implementation Case Study

Consider a leading ISO 10218 organization, ABB Robotics, which faced significant challenges in maintaining operational efficiency and ensuring regulatory compliance. The organization grappled with frequent machine downtimes, inconsistent production quality, and compliance issues, impacting their overall performance and stakeholder confidence. ABB Robotics decided to implement a comprehensive KPI management system to address these challenges.

The organization selected specific KPIs such as Overall Equipment Effectiveness (OEE), Mean Time Between Failures (MTBF), and the number of compliance violations. OEE was chosen to measure the efficiency of their production processes, MTBF to track the reliability of their equipment, and compliance violations to ensure adherence to industry regulations. These KPIs were selected because they directly addressed the organization's primary concerns and provided actionable insights.

Through the deployment of these KPIs, ABB Robotics was able to identify the root causes of machine downtimes and implement preventive maintenance strategies, resulting in a 25% increase in OEE. The organization also improved equipment reliability, reducing MTBF by 30%, and enhanced their compliance processes, reducing the number of violations by 40%. These improvements not only boosted operational efficiency but also enhanced the organization's reputation for quality and compliance.

Lessons learned from this case study include the importance of selecting KPIs that directly address the organization's key challenges and the need for continuous monitoring and adjustment of KPIs to ensure they remain relevant. Best practices include involving cross-functional teams in the KPI selection process, leveraging advanced analytics tools for real-time monitoring, and fostering a culture of continuous improvement. ABB Robotics' experience demonstrates the transformative impact of effective KPI management on organizational performance.

KPI Library
$189/year

Navigate your organization to excellence with 17,288 KPIs at your fingertips.


Subscribe to the KPI Library

CORE BENEFITS

  • 132 KPIs under ISO 10218
  • 17,288 total KPIs (and growing)
  • 360 total KPI groups
  • 107 industry-specific KPI groups
  • 12 attributes per KPI
  • Full access (no viewing limits or restrictions)

FlevyPro and Stream subscribers also receive access to the KPI Library. You can login to Flevy here.

FAQs on ISO 10218 KPIs

What are the most important KPIs for ISO 10218 compliance?

The most important KPIs for ISO 10218 compliance include the number of compliance violations, audit findings, corrective actions taken, and the percentage of systems compliant with ISO 10218 standards. These KPIs help ensure that the organization adheres to industry regulations and standards.

How can KPIs improve operational efficiency in the ISO 10218 industry?

KPIs can improve operational efficiency by identifying bottlenecks, monitoring machine uptime, and tracking overall equipment effectiveness (OEE). These metrics provide insights into areas for improvement, enabling organizations to optimize resource utilization and reduce downtime.

What are the key financial performance KPIs for ISO 10218 organizations?

Key financial performance KPIs for ISO 10218 organizations include revenue growth, profit margins, return on investment (ROI), and cost per unit produced. These metrics provide insights into the organization's financial health and profitability.

How do innovation and R&D KPIs benefit ISO 10218 organizations?

Innovation and R&D KPIs benefit ISO 10218 organizations by tracking the number of new patents filed, R&D expenditure as a percentage of revenue, and time-to-market for new products. These metrics provide insights into the organization's ability to innovate and stay ahead of the curve.

What are the best KPIs for measuring customer satisfaction in the ISO 10218 industry?

The best KPIs for measuring customer satisfaction in the ISO 10218 industry include Net Promoter Score (NPS), customer retention rate, and customer complaint resolution time. These metrics provide insights into how well the organization meets customer expectations.

How can employee engagement KPIs impact ISO 10218 organizations?

Employee engagement KPIs such as employee turnover rate, employee satisfaction score, and training hours per employee can impact ISO 10218 organizations by improving productivity and profitability. Engaged employees are more productive and contribute to organizational success.

What are the critical supply chain management KPIs for ISO 10218 organizations?

Critical supply chain management KPIs for ISO 10218 organizations include supplier lead time, inventory turnover, and order fulfillment rate. These metrics provide insights into the efficiency and reliability of the supply chain, helping to reduce costs and improve customer satisfaction.

Why are cybersecurity KPIs important for ISO 10218 organizations?

Cybersecurity KPIs such as the number of security incidents, time to detect and respond to threats, and the percentage of systems compliant with security standards are important for ISO 10218 organizations. These metrics help protect the organization's data and systems from cyber threats, reducing the risk of data breaches.

KPI Library
$189/year

Navigate your organization to excellence with 17,288 KPIs at your fingertips.


Subscribe to the KPI Library

CORE BENEFITS

  • 132 KPIs under ISO 10218
  • 17,288 total KPIs (and growing)
  • 360 total KPI groups
  • 107 industry-specific KPI groups
  • 12 attributes per KPI
  • Full access (no viewing limits or restrictions)

FlevyPro and Stream subscribers also receive access to the KPI Library. You can login to Flevy here.




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This is a set of 4 detailed whitepapers on KPI master. These guides delve into over 250+ essential KPIs that drive organizational success in Strategy, Human Resources, Innovation, and Supply Chain. Each whitepaper also includes specific case studies and success stories to add in KPI understanding and implementation.