Compare Your Plant’s Performance to Others’ With Benchmarking
Dear Reader: It’s always good to measure where your plant stands not only in comparison to where it once was (in order to drive and…
Article:
What Is Benchmarking?
Benchmarking is a process where you measure your company’s success against other similar companies to discover if there is a gap in performance that can be closed by improving your performance. Studying other companies can highlight what it takes to enhance your company’s efficiency and become a bigger player in your industry.
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