What is benchmarking?

Benchmarking word cloud concept with abstract background

Businesses Benchmarking

Benchmarking can be used by businesses in practically any industry to compare Key Performance Indicators and performance measurements to industry standards. The comparisons can be made in a wide variety of different areas: financials, productivity, costs, overhead, turnaround time, customer satisfaction and retention, safety, and employee retention, to name just a few.

Leave a Reply