3 STRATEGIC KPI’s of the INDUSTRIAL GAS HEALTH CARE BUSINESS

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1. Customer Satisfaction: Customer satisfaction is a crucial strategic KPI for the industrial gas healthcare business. It measures the level of satisfaction and loyalty among customers who rely on industrial gases for healthcare applications. This KPI can be measured through customer surveys, feedback, and ratings. Maintaining high customer satisfaction levels is essential for retaining existing customers, attracting new ones, and building a strong reputation in the healthcare industry.

2. On-time Delivery: On-time delivery is another important strategic KPI for the industrial gas healthcare business. It measures the ability of the company to deliver industrial gases to healthcare facilities within the agreed-upon timeframe. This KPI can be measured by tracking the number of late deliveries or missed deadlines and calculating the on-time delivery percentage. Ensuring timely delivery is crucial for healthcare facilities to maintain uninterrupted operations and provide quality patient care.

3. Regulatory Compliance: Regulatory compliance is a critical strategic KPI for the industrial gas healthcare business. It measures the company’s adherence to relevant regulations and standards governing the production, storage, handling, and distribution of industrial gases in the healthcare sector. This KPI can be measured through regular audits, inspections, and compliance assessments. Maintaining regulatory compliance is essential for ensuring patient safety, avoiding penalties or legal issues, and maintaining the trust of healthcare providers and regulatory authorities.

By focusing on these strategic KPIs – customer satisfaction, on-time delivery, and regulatory compliance – the industrial gas healthcare business can enhance its reputation, customer relationships, and overall performance. Regularly monitoring and analyzing these KPIs can help identify areas for improvement, implement corrective actions, and drive continuous enhancement in the business.