Value of Benchmarking
- Helps you identify where potential cost cutting opportunities exist, quantify the ROI of improvement initiatives, set performance goals, and analyze year over year performance trends
- Ensures that you use standard metrics frameworks such as SCOR® and PACE® for accurate inter-company comparisons
- Allows you to measure your performance against best-in-class companies to identify improvement opportunities and areas of competitive advantage
- Helps you define targets for major operations parameters such as cost, inventory, and customer service and aligning goals with your company’s “basis of competition”
- Provides a scale upon which to measure the financial opportunity associated with achieving target levels of performance
PMG’s Benchmarking Services
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® Supply-Chain Operations Reference-model(SCOR®) is a registered trademark of the Supply-Chain Council, Inc.
® Product And Cycle-time Excellence® and PACE® are registered trademarks of PRTM, Inc.