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KPI Library
Navigate your organization to excellence with 15,468 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 111 KPIs on ISO 13485 in our database. For ISO 13485, KPIs are crucial in ensuring the quality and safety of medical devices. They help in monitoring design and development processes, production quality, and post-market surveillance.

These metrics are vital for maintaining compliance with regulatory requirements, ensuring patient safety, and reducing the risk of product recalls. KPIs in this context also aid in continuous improvement, enhancing product reliability and performance. They are key for medical device manufacturers to maintain competitive advantage and trust in the healthcare market.

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KPI Definition Business Insights [?] Measurement Approach Standard Formula
Adverse Event Reporting Timeliness

More Details

The timeliness of reporting adverse events to regulatory authorities, indicating compliance with post-market surveillance obligations. Enables the identification of trends in product safety and responsiveness to potential health risks. Counts the number of adverse events reported within a predefined period from event occurrence. (Number of Adverse Events Reported Within Target Timeframe / Total Number of Adverse Events) * 100
Audit Findings Closure Time

More Details

The time taken to address and close the findings identified during internal or external audits. Indicates the effectiveness and efficiency of the organization in addressing audit findings and implementing necessary corrective actions. Duration between the identification of audit findings and their closure. (Total Time to Close Audit Findings / Number of Audit Findings) in a given period
Batch Record Completion Rate

More Details

The rate at which batch records are completed accurately and on time, ensuring traceability and compliance with manufacturing processes. Reflects the efficiency of production documentation processes, crucial for regulatory compliance and quality tracking. Considers the number of batch records completed on time versus the total number of batches processed. (Number of Batch Records Completed On Time / Total Number of Batches Processed) * 100
KPI Library
$99/year

Navigate your organization to excellence with 15,468 KPIs at your fingertips.


Subscribe to the KPI Library

CORE BENEFITS

  • 111 KPIs under ISO 13485
  • 15,468 total KPIs (and growing)
  • 328 total KPI groups
  • 75 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.

Batch Record Review Efficiency

More Details

The efficiency of reviewing and approving batch records, ensuring that product batches meet specifications before release. Assesses the effectiveness of the batch review process and identifies bottlenecks. Measures the average time taken to review and close batch records. Total Time Spent on Batch Record Reviews / Total Number of Batch Record Reviews Completed
Batch Release Compliance

More Details

The compliance with batch release procedures and criteria, ensuring that each batch of product meets quality standards. Highlights the quality and consistency of batch production processes, identifying potential issues in manufacturing. Percentage of batches released in compliance with predefined specifications. (Number of Batches Released Compliantly / Total Number of Batches Released) * 100
Batch Release Time

More Details

The time it takes to release a batch of products, from the completion of production to the verification that all quality checks are met. Insights into production efficiency and speed to market, highlighting potential bottlenecks in the release process. Considers the total duration from production completion to the release of a batch for distribution. Total Time Taken for Batch Release / Total Number of Batches Released

In selecting the most appropriate ISO 13485 KPIs from our KPI Library for your organizational situation, keep in mind the following guiding principles:

  • Relevance: Choose KPIs that are closely linked to your strategic objectives. If a KPI doesn't give you insight into your business objectives, it might not be relevant.
  • Actionability: The best KPIs are those that provide data that you can act upon. If you can't change your strategy based on the KPI, it might not be practical.
  • Clarity: Ensure that each KPI is clear and understandable to all stakeholders. If people can't interpret the KPI easily, it won't be effective.
  • Timeliness: Select KPIs that provide timely data so that you can make decisions based on the most current information available.
  • Benchmarking: Choose KPIs that allow you to compare your ISO 13485 performance against industry standards or competitors.
  • Data Quality: The KPIs should be based on reliable and accurate data. If the data quality is poor, the KPIs will be misleading.
  • Balance: It's important to have a balanced set of KPIs that cover different aspects of the organization—e.g. financial, customer, process, learning, and growth perspectives.
  • Review Cycle: Select KPIs that can be reviewed and revised regularly. As your organization and the external environment change, so too should your KPIs.

It is also important to remember that the only constant is change—strategies evolve, markets experience disruptions, and organizational environments also change over time. Thus, in an ever-evolving business landscape, what was relevant yesterday may not be today, and this principle applies directly to KPIs. We should follow these guiding principles to ensure our KPIs are maintained properly:

  • Scheduled Reviews: Establish a regular schedule (e.g. quarterly or biannually) for reviewing your ISO 13485 KPIs. These reviews should be ingrained as a standard part of the business cycle, ensuring that KPIs are continually aligned with current business objectives and market conditions.
  • Inclusion of Cross-Functional Teams: Involve representatives from various functions and teams, as well as non-ISO 13485 subject matter experts, in the review process. This ensures that the KPIs are examined from multiple perspectives, encompassing the full scope of the business and its environment. Diverse input can highlight unforeseen impacts or opportunities that might be overlooked by a single department.
  • Analysis of Historical Data Trends: During reviews, analyze historical data trends to determine the accuracy and relevance of each KPI. This analysis can reveal whether KPIs are consistently providing valuable insights and driving the intended actions, or if they have become outdated or less impactful.
  • Consideration of External Changes: Factor in external changes such as market shifts, economic fluctuations, technological advancements, and competitive landscape changes. KPIs must be dynamic enough to reflect these external factors, which can significantly influence business operations and strategy.
  • Alignment with Strategic Shifts: As organizational strategies evolve, consider whether the ISO 13485 KPIs need to be adjusted to remain aligned with new directions. This may involve adding new ISO 13485 KPIs, phasing out ones that are no longer relevant, or modifying existing ones to better reflect the current strategic focus.
  • Feedback Mechanisms: Implement a feedback mechanism where employees can report challenges and observations related to KPIs. Frontline insights are crucial as they can provide real-world feedback on the practicality and impact of KPIs.
  • Technology and Tools for Real-Time Analysis: Utilize advanced analytics tools and business intelligence software that can provide real-time data and predictive analytics. This technology aids in quicker identification of trends and potential areas for KPI adjustment.
  • Documentation and Communication: Ensure that any changes to the ISO 13485 KPIs are well-documented and communicated across the organization. This maintains clarity and ensures that all team members are working towards the same objectives with a clear understanding of what needs to be measured and why.

By systematically reviewing and adjusting our ISO 13485 KPIs, we can ensure that your organization's decision-making is always supported by the most relevant and actionable data, keeping the organization agile and aligned with its evolving strategic objectives.

KPI Library
$99/year

Navigate your organization to excellence with 15,468 KPIs at your fingertips.


Subscribe to the KPI Library

CORE BENEFITS

  • 111 KPIs under ISO 13485
  • 15,468 total KPIs (and growing)
  • 328 total KPI groups
  • 75 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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