Examples of Tangible Business Measures

Tangible business measures are the familiar measures of organizational performance. They are objective, easy to measure , and easy to convert to monetary values.

OUTPUT

  • Money Collected
  • Items Sold
  • Fuel Consumed
  • Kilometers Driven
  • Inventory Turnover
  • Forms Processed
  • Tasks Completed
  • Output Per Hour
  • Applications Processed
  • Productivity
  • Incentive Bonus
  • Shipments
  • Units Produced
  • Items Assembled

TIME

  • Equipment Downtime
  • Overtime
  • On Time Shipments
  • Break in Time for New Employees
  • Time to Project Completion
  • Repair Time
  • Processing Time
  • Supervisory Time
  • Training Time
  • Meeting Schedules
  • Efficiency
  • Work Stoppages
  • Lost Time Days

COST

  • Accident Costs
  • Budget Variances
  • Overhead Cost
  • Operating Costs
  • Unit Costs
  • Cost By Account
  • Variable Costs
  • Fixed Costs
  • Number of Cost Reductions
  • Project Cost Savings
  • Program Costs
  • Sales Expense

QUALITY

  • Scrap
  • Waste
  • Rejects
  • Error Rates
  • Rework
  • Shortages
  • Product Defects
  • Deviation From Standard
  • Product Failures
  • Inventory Adjustments
  • Time Card Corrections
  • Percent of Tasks
  • Completed Properly
  • Number of Accidents