Get the opportunity to grow your influence by giving your products or services prime exposure with Performance Magazine.

If you are interested in advertising with Performance Magazine, leave your address below.

Advertise with us
Free Webinar

Green metrics and Key Performance Indicator examples for reducing paper consumption

FacebooktwitterlinkedinFacebooktwitterlinkedin
Environmental KPIs Efficient Paper Use: Where the Environment and Business Intersect

Paper is an omnipresent element in any office, both indispensable for current activities and seen as a great burden when it starts to create piles of documents which need to be looked after.

According to the World Resources Institute the global paper and paperboard consumption per capita per year in 2005 in countries like Australia, Austria, Belgium, Canada, Denmark, Finland, Luxembourg, the Netherlands, and United States of America exceeded 220 kilograms, and some even 300 kilograms.

Companies spend huge amounts of money on purchasing paper, but also with paper storing, labor in handling paper, postage, lost or obsolete documents and with printing and copying. In their efforts to improve their internal operations and reduce costs, many companies managed to save thousands or even millions of dollars through their paper reduction efforts, and also improve efficiency. Additionally, they also earned a reputation for being environmentally responsible.

In order to achieve efficient paper use, a company should follow the next steps: efficient paper use

smartKPIs.com contains a variety of measures and KPI examples which support campaigns of paper reduction and efficient paper use:

Using KPIs in projects of paper reduction and efficient paper use not only that are vital, but can make the difference between an initiative and a great success.

  • General Electric, through their Make Side initiative, managed to identify approximately $1.5 billion in potential cost-savings by 2001, and estimates an up to $10 billion cost reduction in the coming years through digitizing many of its processes.
  • Legacy Health Systems saved $279,000 in reduced paper consumption by centralizing files, reducing distribution lists, and consolidating forms.
  • Lockheed Martin estimates savings of eight million sheets of paper and $250,000 by putting a 100-page manual on the Internet.
More details: Image Source:
Avatar vs. Gone With the Wind - the right Key Performance Indicators for the movie industry
Maintenance Performance Management
free

Tags: , , , ,

THE KPI INSTITUTE

The KPI Institute’s 2024 Agenda is now available! |  The latest updates from The KPI Institute |  Thriving testimonials from our clients |