Waste Reduction Rate
2 July 2021
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 actual usage.
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