A Quali-Quantitative Analysis Model Integrating Fuzzy Analytical Hierarchy Process and Cost–Benefit Analysis for Optimizing KPI Implementation: Insights from a Practical Case Study Application
In today’s competitive industrial landscape, effective performance measurement is crucial for achieving operational success. Key Performance Indicators (KPIs) are widely used to track progress, but their implementation often lacks a comprehensive framework that considers both financial outcomes and...
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| Format: | Article |
| Language: | English |
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MDPI AG
2025-03-01
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| Series: | Eng |
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| Online Access: | https://www.mdpi.com/2673-4117/6/3/56 |
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| author | Italo Cesidio Fantozzi Livio Colleluori Massimiliano Maria Schiraldi |
| author_facet | Italo Cesidio Fantozzi Livio Colleluori Massimiliano Maria Schiraldi |
| author_sort | Italo Cesidio Fantozzi |
| collection | DOAJ |
| description | In today’s competitive industrial landscape, effective performance measurement is crucial for achieving operational success. Key Performance Indicators (KPIs) are widely used to track progress, but their implementation often lacks a comprehensive framework that considers both financial outcomes and managerial insights. A quali-quantitative analysis model is introduced to optimize the implementation of KPIs in industrial settings, demonstrated through a case study of a Cambodian charcoal factory. By integrating Cost–Benefit Analysis (CBA) and Fuzzy Analytic Hierarchy Process (FAHP), the model combines both quantitative financial analysis and qualitative managerial evaluations to assess and rank a selected set of KPIs. This dual approach ensures a more comprehensive understanding of KPI impacts, enabling informed decision-making. The results highlight the critical need for balancing measurable financial benefits with qualitative insights, particularly in industries within developing nations that are forced to compromise in constrained environments, and where both economic outcomes and strategic considerations are essential for sustainable growth. Furthermore, the proposed model has universal applicability across different industrial contexts, providing a flexible and adaptable framework for KPI selection beyond the specific case study analyzed. |
| format | Article |
| id | doaj-art-dcce33754e5443a292873c6d6e670ab9 |
| institution | Kabale University |
| issn | 2673-4117 |
| language | English |
| publishDate | 2025-03-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Eng |
| spelling | doaj-art-dcce33754e5443a292873c6d6e670ab92025-08-20T03:43:37ZengMDPI AGEng2673-41172025-03-01635610.3390/eng6030056A Quali-Quantitative Analysis Model Integrating Fuzzy Analytical Hierarchy Process and Cost–Benefit Analysis for Optimizing KPI Implementation: Insights from a Practical Case Study ApplicationItalo Cesidio Fantozzi0Livio Colleluori1Massimiliano Maria Schiraldi2Department of Enterprise Engineering, Università degli Studi di Roma Tor Vergata, 00133 Roma, ItalyDepartment of Enterprise Engineering, Università degli Studi di Roma Tor Vergata, 00133 Roma, ItalyDepartment of Enterprise Engineering, Università degli Studi di Roma Tor Vergata, 00133 Roma, ItalyIn today’s competitive industrial landscape, effective performance measurement is crucial for achieving operational success. Key Performance Indicators (KPIs) are widely used to track progress, but their implementation often lacks a comprehensive framework that considers both financial outcomes and managerial insights. A quali-quantitative analysis model is introduced to optimize the implementation of KPIs in industrial settings, demonstrated through a case study of a Cambodian charcoal factory. By integrating Cost–Benefit Analysis (CBA) and Fuzzy Analytic Hierarchy Process (FAHP), the model combines both quantitative financial analysis and qualitative managerial evaluations to assess and rank a selected set of KPIs. This dual approach ensures a more comprehensive understanding of KPI impacts, enabling informed decision-making. The results highlight the critical need for balancing measurable financial benefits with qualitative insights, particularly in industries within developing nations that are forced to compromise in constrained environments, and where both economic outcomes and strategic considerations are essential for sustainable growth. Furthermore, the proposed model has universal applicability across different industrial contexts, providing a flexible and adaptable framework for KPI selection beyond the specific case study analyzed.https://www.mdpi.com/2673-4117/6/3/56KPIcost–benefit analysisfuzzy analytic hierarchy processqualitative and quantitative analysisKPI implementation |
| spellingShingle | Italo Cesidio Fantozzi Livio Colleluori Massimiliano Maria Schiraldi A Quali-Quantitative Analysis Model Integrating Fuzzy Analytical Hierarchy Process and Cost–Benefit Analysis for Optimizing KPI Implementation: Insights from a Practical Case Study Application Eng KPI cost–benefit analysis fuzzy analytic hierarchy process qualitative and quantitative analysis KPI implementation |
| title | A Quali-Quantitative Analysis Model Integrating Fuzzy Analytical Hierarchy Process and Cost–Benefit Analysis for Optimizing KPI Implementation: Insights from a Practical Case Study Application |
| title_full | A Quali-Quantitative Analysis Model Integrating Fuzzy Analytical Hierarchy Process and Cost–Benefit Analysis for Optimizing KPI Implementation: Insights from a Practical Case Study Application |
| title_fullStr | A Quali-Quantitative Analysis Model Integrating Fuzzy Analytical Hierarchy Process and Cost–Benefit Analysis for Optimizing KPI Implementation: Insights from a Practical Case Study Application |
| title_full_unstemmed | A Quali-Quantitative Analysis Model Integrating Fuzzy Analytical Hierarchy Process and Cost–Benefit Analysis for Optimizing KPI Implementation: Insights from a Practical Case Study Application |
| title_short | A Quali-Quantitative Analysis Model Integrating Fuzzy Analytical Hierarchy Process and Cost–Benefit Analysis for Optimizing KPI Implementation: Insights from a Practical Case Study Application |
| title_sort | quali quantitative analysis model integrating fuzzy analytical hierarchy process and cost benefit analysis for optimizing kpi implementation insights from a practical case study application |
| topic | KPI cost–benefit analysis fuzzy analytic hierarchy process qualitative and quantitative analysis KPI implementation |
| url | https://www.mdpi.com/2673-4117/6/3/56 |
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