Waste Reduction Rate

Waste Reduction Rate is a measure of the level to which a company is able to reduce the waste it is generating as part of its operations.

 

Waste Reduction Rate = [Wasted Raw Material (in this period a) / Wasted Raw Material (in the last period b)] x 100

 

This indicator is included in the book: Key Performance Indicators - the 75+ measures every manager needs to know, which contains an in-depth description of this KPI, as well as practical advice on data collection, calculations, target setting, and acutal usage.

 

 

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