Research And Development Manager

Key Result Areas (KRAs) and Key Performance Indicators (KPIs) for R & D Executive at Sunway Wellness

KRA 1: Product Formulation and Development

1. Develop new product formulations that meet specified criteria or improve existing ones. o Number of new formulations developed. o Percentage of new formulations meeting specified criteria. o Time taken from concept to prototype.

2. Improve existing formulations to enhance performance or reduce costs. o Percentage reduction in production costs. o Performance improvement metrics (e.g., efficacy, stability). o Number of existing formulations improved.

3. Ensure formulations are scalable from lab to production. o Success rate of lab formulations scaled to production. o Time taken for scaling up processes.

4. Ensure alignment of R&D activities with business strategy. o Percentage of R&D projects aligned with business strategy. o Number of strategic initiatives supported by R&D. 

5. Foster a culture of innovation within the R&D team. o Number of innovation workshops or brainstorming sessions held. o Employee satisfaction and engagement scores in R&D. o Number of patents filed or innovative ideas implemented.

KRA 2: Quality and Compliance 1. Maintain high standards of product quality and safety. o Number of quality control issues or product recalls. o Customer satisfaction and feedback scores. o Number of safety incidents reported. 2. Ensure compliance with industry regulations and standards. o Number of regulatory inspections passed without major findings. o Percentage of products meeting compliance standards. o Number of compliance training sessions conducted. 3. Implement and oversee quality control processes. o Number of quality audits conducted. o Percentage of defects detected before product release. o Time taken to resolve quality issues.

KRA 3: Project Management and Efficiency 1. Manage formulation projects from conception through to completion. o Number of projects completed on time. o Percentage of projects meeting budget constraints. o Stakeholder satisfaction with project outcomes. 2. Ensure projects are completed on time and within budget. o Average project completion time. o Percentage of projects completed within budget. o Number of projects requiring extensions or additional funding. 3. Optimize the use of lab resources and materials. o Utilization rate of lab resources and equipment. o Percentage reduction in material wastage. o Cost savings from optimized resource usage. 4. Procurement of raw materials needed for formulations from suppliers. o Lead time for raw material procurement. o Supplier reliability and quality scores. o Cost savings from strategic procurement initiatives.

KRA 4: Research and Innovation 1. Conduct research to identify new ingredients, technologies, and methods. o Number of new ingredients or technologies identified. o Number of research projects initiated. o Research success rate (e.g., number of findings implemented). 2. Stay updated with the latest scientific advancements and industry trends. o Number of industry conferences or seminars attended. o Number of scientific publications reviewed or cited. o Number of trend analysis reports produced. 3. Foster a culture of innovation within the formulation team. o Number of innovation initiatives or projects launched. o Employee innovation contribution rate. o Number of internal awards or recognitions for innovation

KRA 5: Collaboration and Communication 1. Work closely with cross-functional teams, including R&D, production, and marketing. o Number of cross-functional meetings or collaborations. o Satisfaction scores from cross-functional teams. o Number of joint projects successfully completed. 2. Communicate formulation progress, results, and challenges to stakeholders. o Frequency and quality of communication updates. o Stakeholder feedback on communication effectiveness. o Number of issues resolved through effective communication. 3. Build relationships with external partners, such as suppliers and research institutions. o Number of new partnerships or collaborations established. o Satisfaction scores from external partners. o Number of joint projects or research initiatives with external partners.