Deliverable Length: 3-5 paragraphs
Details: Describe an area of improvement for your company or industry of choice. Find two benchmarks for your improvement area:
1) in a like company or industry
2) in a company or industry that does not participate in the same type of business
Discuss pertinent benchmarking information that makes this a good choice. Also discuss effective and ineffective uses of benchmarking.
In your own words, please post a response to the Discussion Board and comment on other postings.
Modern Methods for Quality Control and Improvement 2 Wadsworth, Harrison M., Stephens, Kenneth S., Godfrey, A. Blanton Wiley 0-471-29973-1
An area of improvement for your company: Two benchmarks in a like company:
My company manufactures steel strapping that is medium carbon & high manganese steel strapping. In addition, my company also manufacturers strapping that has low carbon.
My company needs to meet a benchmark because it does not confirm to Government ASTM specifications. On the other hand the strapping of our JEM confirms to Government ASTM specifications. All their strapping is AAR rated and stamped.
My company needs to meet another benchmark in finishing the steel strapping. All the straps of my company are paint finished and wax lubricated. However, there is now a demand for unpainted waxed straps. These are low cost straps. In addition, my competitor JEM is making Zinc and epoxy coated strapping that provides greater resistance to rust. This and other high tech finished straps that provide greater resistance to rust.
An area of improvement in my company: two benchmarks in an unlike industry.
The other industry manufactures organic fertilizers for lawns.
One benchmark is that production details of each ...
This posting gives you an in-depth insight into setting benchmarks for improvement.