KRI
Strategy
KRI (Key Risk Indicator)
Key Risk Indicator
Metric that signals increasing exposure to a significant operational, financial or strategic risk.
Examples
- 01A KRI for supply risk is the share of purchased value from single-source suppliers, currently 38 %.
- 02The management review checks each KRI together with its trend and the related actions.
- 03When the single-source KRI rises above 40 %, purchasing starts qualifying second suppliers for the top 10 parts.