Approval KPI

Quelle: https://www.investopedia.com/terms/k/kpi.asp

A KPI measuring the efficiency, quality, and speed of the approval process for documents, permits, or orders within logistics and supply chain, including lead time to approval, approval rate, error rate, and bottleneck identification.

Related Terms

You might also be interested in these terms

SECO approval

An official authorization issued by SECO (State Secretariat for Economic Affairs) in Switzerland, required for certain economic activities (e.g., expo...

Learn more

risk approval

Formal authorization to proceed with a shipment, operation or project after completing a risk assessment and determining that residual risks are accep...

Learn more

approval rate

The share or percentage of items, applicants, or vehicles that receive an official approval, authorization, or registration from a regulatory authorit...

Learn more

Approval costs

Costs incurred to obtain necessary licenses, permits, or regulatory approvals required for transport, storage, or crossing borders.

Learn more

approval effort

The approval effort is the time and resource expenditure required to obtain regulatory approvals, permits, or authorizations for a transportation or l...

Learn more

Approval process

The formal sequence by which a regulatory body or competent authority reviews and grants (or denies) a permit, license, or authorization required for ...

Learn more