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 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.