A starting point for clearer priorities and measurable progress. Make the targets your own.
Suggested timeframe: Set with your team1 objective · 3 key results
YOUR STARTING POINTTeam OKRs
OBJECTIVE
Establish standard pricing for raw materials
KR 1
Develop a mechanism for adjusting the standard price as market conditions change
KR 2
Identify three cost-effective suppliers for our raw materials
KR 3
Conduct market research on current raw material prices by 15 industries
Ideas to get you moving
Analyze recent changes in the market affecting pricing
Develop a flexible pricing model based on analysis
Implement price adjustments on standard products
Obtain and compare price quotes from the three shortlisted suppliers
Research potential suppliers based on cost-effectiveness and raw material quality
Evaluate suppliers' reliability, scalability and delivery times
Compile and analyze data to determine market trends
Identify 15 industries relevant to raw material prices
Research current raw material prices for each industry
Example targets. Adapt to your baseline before you start.
About this template
This OKR presents a clear objective of establishing standard pricing for raw materials. The first outcome under this objective involves developing a mechanism to adjust the cost as per the changes in market conditions. The initiatives include analyzing recent market changes that affect the pricing, developing a pricing model based on the analysis, and implementing the new prices on standard products.
The next outcome is finding three cost-effective suppliers for raw materials. Achieving this involves obtaining and comparing price quotes from shortlisted suppliers, researching potential suppliers based on cost-effectiveness and material quality, and evaluating supplier reliability, scalability, and delivery times.
The final outcome focuses on conducting market research on current raw material prices across 15 industries. This is to be achieved through initiatives such as compiling and analyzing data to identify market trends, spotting 15 industries which are relevant to raw material prices and researching the current prices for each of these industries.
By carrying out these initiatives, the company aims to have a robust standard pricing system for raw materials that can adapt to market conditions, assure cost-effectiveness, and is informed by extensive market research across multiple industries.
Make it work for your team
01
Set your baseline. Check where you are today, then choose targets that stretch your team.
02
Agree on ownership. Give each key result a clear owner and a source of data.
03
Check in every week. Review the numbers, share confidence, and decide what needs attention.
Get this template as YAML
A machine-readable version of this example for a script or AI assistant.
---
title: Establish standard pricing for raw materials
objectives:
- title: Establish standard pricing for raw materials
outcomes:
- title: Develop a mechanism for adjusting the standard price as market conditions
change
from: 0.0
to: 100.0
score_format: _number_%
initiatives:
- title: Analyze recent changes in the market affecting pricing
- title: Develop a flexible pricing model based on analysis
- title: Implement price adjustments on standard products
- title: Identify three cost-effective suppliers for our raw materials
from: 0.0
to: 100.0
score_format: _number_%
initiatives:
- title: Obtain and compare price quotes from the three shortlisted suppliers
- title: Research potential suppliers based on cost-effectiveness and raw material
quality
- title: Evaluate suppliers' reliability, scalability and delivery times
- title: Conduct market research on current raw material prices by 15 industries
from: 0.0
to: 100.0
score_format: _number_%
initiatives:
- title: Compile and analyze data to determine market trends
- title: Identify 15 industries relevant to raw material prices
- title: Research current raw material prices for each industry
Team OKR example
Suggested timeframe: Set with your team
1 objective · 3 key results
Example targets. Adapt to your baseline before you start.