Bench Marking Definition
Meaning pronunciation translations and examples.
Bench marking definition. Le benchmark ou benchmarking désigne une technique de marketing visant pour une entreprise à observer les performances d une autre entreprise à comparer et à analyser les performances de produits ou services concurrents et leaders sur le marché en vue d optimiser la conception d un nouveau produit plus ou moins équivalent à ceux observés. Dimensions typically measured are quality time and cost. To be effective it must become an integral part of an ongoing improvement process the goal being to abreast of ever improving best practice.
Benchmarking is a process of measuring the performance of a company s products services or processes against those of another business considered to be the best in the industry aka best in class the point of benchmarking is to identify internal opportunities for improvement. Benchmarking i used benchmarking to increase the benefits of my company j ai utilisé le benchmarking pour améliorer les bénéfices de ma compagnie. Benchmark definition is something that serves as a standard by which others may be measured or judged.
This is a summary of the different types of benchmarking. Traduction du mot benchmarking en anglais. How to use benchmark in a sentence.
Benchmarking is used to measure performance using a specific indicator cost per unit of measure productivity per unit of measure cycle time of x per unit of measure or defects per unit of. In business benchmarking is a process in which a company compares its products and. Le benchmarking horizontal quant à lui propose d étudier les différentes méthodes de travail utilisées dans les entreprises concurrentes.
A measurement of the quality of an organization s policies products programs strategies etc and their comparison with standard measurements or similar measurements of its peers. Benchmarking should not be considered a one off exercise. Benchmarking is the practice of a business comparing key metrics of their operations to other similar companies.
You can also think of a benchmark report as a dashboard on a car.
