Benchmarking
id:
benchmarking-308-10295889
title:
Benchmarking
text:
Benchmarking is the practice of comparing business processes and performance metrics to industry bests and best practices from other companies. Dimensions typically measured are quality, time and cost. Benchmarking is used to measure performance using a specific indicator resulting in a metric of performance that is then compared to others. Also referred to as "best practice benchmarking" or "process benchmarking", this process is used in management in which organizations evaluate various aspect
brand slug:
wiki
category slug:
encyclopedia
description:
Process of comparing one's business processes and performance metrics to others in the industry
original url:
https://en.wikipedia.org/wiki/Benchmarking
date created:
date modified:
2024-03-23T13:01:02Z
main entity:
{"identifier":"Q816754","url":"https://www.wikidata.org/entity/Q816754"}
image:
fields total:
13
integrity:
14