Open AccessDesign of Performance Measurement in Indonesia Plastics Seeds Coloring Company by using Stakeholder Perspective PRISM
Author(s) -
Irwan Raharja,
Dwi Irwati,
Sawarni Hasibuan
Publication year - 2019
Publication title -
international journal of engineering and advanced technology
Language(s) - English
Resource type - Journals
ISSN - 2249-8958
DOI - 10.35940/ijeat.e1085.0585c19
Subject(s) - performance indicator , balanced scorecard , stakeholder , performance measurement , product (mathematics) , perspective (graphical) , business , corporate social responsibility , process management , computer science , marketing , mathematics , economics , artificial intelligence , management , ecology , biology , geometry
Plastic seed manufacturing industry is an important plastics industry in Indonesia, seen from the needs of plastic consumption to make this industry have considerable opportunities. The measurement system of manifacture industry performance has been so far only centered on financial indicator, whereas this industry is included on the industry which gets many attention from stakeholder related to the potential of environmental pollution caused. The purpose of this research is to develop framework of performance measurement in manufacture industry of plastic seeds coloring by adopting stakeholder perspective Prism. Prism performance measurements have advantages that provide a more comprehensive performance measurement overview than performance measurement using Balanced Scorecard. Steps of research begins with screening KPI, determining performance achievement target, measuring performance target achievementof each KPI and improvement recomendation. The PRISM performance measurement performed in company are then classified into the Traffic Light System category, and find 5 Key Performance Indicators (KPIs) in the red or critical category. Target achivement of KPI employed is the worst in the Case Study done, followed by KPI related product and one KPI related to product distribution system. The low target achievement of KPI employed has implication on the loss annual production 1,028,580 kg equals to $ 102,82.