Material and energy costs represent about 50% of the operating costs incurred by European small and medium-sized enterprises (SMEs). Although the potential for resource efficiency improvements is high, the necessary awareness and human resource capacities to explore this potential are limited. Existing tools for exploration of resource efficiency improvement potentials have several shortcomings: they are either tool-driven, of a solely qualitative nature or do not address all levels of a business. Users of such tools therefore miss important improvement opportunities. In order to overcome these limitations and to systematically identify, quantify and fully explore resource efficiency improvement potentials, an international team developed and tested a new comprehensive, needs-driven and quantitative diagnosis tool named the ‘EDIT Value Tool.’ This tool can be used to perform initial diagnoses for companies. The EDIT Value Tool was piloted in eighteen manufacturing SMEs in six Central European countries. Evaluation of the test results showed that the tool is effective in helping company personnel to identify the main weaknesses and the potentials for company improvements. The tool achieves this by evaluating a business's characteristics: its stakeholder values, the corporate strategy to implement its mission and vision, assessment of the effectivity of the company's management systems, processes and products. The benefits of using the EDIT Value Tool that were of most benefit to the companies were the proposed changes to corporate technology and management. The collection of quantitative and qualitative data helped company personnel to develop new perspectives on how to monitor and to improve resource efficiency and to increase awareness of and commitment to more sustainable manufacturing systems. © 2017 Elsevier Ltd

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