Cost per Service Incident
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Category:  
Analytical

Measures the average cost incurred to resolve a single service issue.

What it Measures ?

How much one service issue costs us.

Relevant StakeHolders 

Finance, Service Strategy

In-depth Use Case / Real-world Example

Cost per Service Incident is calculated by dividing the total service costs by the number of service incidents. For example, if ₹50,000 is spent to resolve 100 incidents, the cost per incident is ₹500. This KPI helps identify areas where service processes can be streamlined to reduce costs. In manufacturing, keeping the cost per service incident low is essential for maintaining profitable service operations.

KPI Definition

Business Value

Movement Direction

Sample Formula

Total Service Cost / Number of Incidents

Should Aim For
1
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