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.
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