Severity Rate
- Category: Manufacturing
Severity Rate in Manufacturing KPIs
When it comes to Manufacturing Key Performance Indicators (KPIs), the Severity Rate is a vital measurement that provides insights into workplace safety.
Overview
In the context of manufacturing, the Severity Rate measures the impact of workplace injuries on an organization's workforce. More specifically, it quantifies the total number of workdays lost due to injuries per a set number of working hours (usually per 200,000 hours worked).
This KPI is crucial because it helps manufacturing operations understand the severity of the injuries that are occurring within their facilities. By doing so, it aids in assessing the level of risk to employees and the effectiveness of safety protocols. A high Severity Rate indicates severe injuries are occurring, suggesting the need for urgent safety measures.
Calculation
To calculate the Severity Rate, you need to know the number of workdays lost due to injury and the total number of hours worked by employees.
The formula for Severity Rate is:
Severity Rate = (Number of Workdays Lost Due to Injury / Total Hours Worked by All Employees) * 200,000
The Number of Workdays Lost Due to Injury represents the total count of workdays that employees could not work because of workplace injuries during a specified period.
Total Hours Worked by All Employees is the cumulative number of hours all employees have worked in the same period.
The factor of 200,000 represents the standard base for 100 full-time workers working 40 hours per week, 50 weeks per year, and is used to standardize the Severity Rate.
Using this metric, industries can evaluate and prioritize safety improvements based on the severity of the risk and not just the frequency of incidents. However, it's important to remember that even a low Severity Rate should not lead to complacency. Regular safety training and proactive measures should be in place to ensure a safe working environment.