Benchmarking is the process of measuring products, services, and processes against those of organizations known to be leaders in one or more aspects of their operations.
It is a way of discovering what is the best performance being achieved – whether in a particular company, by a competitor or by an entirely different industry. This information can then be used to identify gaps in an organization’s processes in order to achieve a competitive advantage.
Benchmarking can help you identify areas, systems, or processes for improvements—either incremental improvements or dramatic improvements.
Arrelic offers various benchmarking services such as
- Asset Performance Management Benchmarking
- Reliability & Maintenance Benchmarking
- Operation Benchmarking
- Turnaround Benchmarking
- Process Benchmarking
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contact us today to learn more about our capabilities in the area of Machine analytics, Predictive Maintenance, Reliability consulting and training and development in various industries.