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Logistics & Supply Chain Management ( PDFDrive )

Achieving Maximum Value
Benchmarking may sound a bit like industrial tourism, whereby 
inferior organizations simply “skim the cream from the top,” spying and 
copying on their superiors. In fact, benchmarking is an ongoing process 
that generally doesn’t yield quick fixes or panaceas. It’s much more than 
“copycatting.” Primarily a people-to-people interaction, benchmarking 
requires curiosity, creativity, and an eagerness to build upon what others 
have learned.
A common mistake organizations make in their benchmarking 
Endeavours is to only benchmark someone within their own industry, or 
worse yet, their competition. Your competition may not be best-in-class, 
even if they are more profitable or successful than you. It may ultimately 
be more beneficial to look at similar processes rather than industries-to 
seek out companies that serve as excellent models for a particular business 
process or function.
Benefits of Benchmarking:
➢ Helps organizations to make better informed decisions;
➢ Exposes organizations to innovations and breakthroughs;


Notes
168
➢ Allows organizations to see beyond the barriers, to embrace change, 
to think “outside the box”; and
➢ Provides organizations with a methodology and a game plan for 
accelerating, implementing, and managing change.
Key Actions in Benchmarking for Best Practices:
a. 
Understanding the Government Process to Improve
: Choosing 
an optimal benchmarking partner requires a deep understanding 
of the process being studied and of the benchmarking process itself. 
By thoroughly grasping the process you are reviewing, you establish 
a reliable baseline of comparison. Your interview questions will 
have more focus this way, and you also will feel confident that you 
have selected appropriate comparison companies or organizations. 
A great way to facilitate data gathering is by discussing the process 
in detail with agency officials and then depicting the process in a 
flowchart.
b. 

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