Learn from the 'Best in Class'
Evaluating the performance of applications, business processes, and/or organizational structure is one the major roles of business managers. This is required to optimally allocate resources, set priorities, and achieve core competitive advantage. But, what "standard" do you use for measuring your performance? A benchmark provides the needed information to assess current conditions and set reasonable objectives.
Benchmarking your plant’s performance against others yields specific data on the success of your automation strategy, determines whether you are achieving the needed ROI, and identifies where and how to improve your strategies and investments in the future.
With ARC’s Benchmark Analysis, you are provided with an external viewpoint to give you a clear understanding of how your company compares with others. With this information, you can sharpen your programs and set achievable objectives — with management consensus and organizational buy-in.
ARC’s analysts have advanced tools, industry contacts, and extensive experience to synthesize various inputs into meaningful information. ARC can conduct surveys, analyze the findings, provide a written report, and deliver a presentation. Learning from the experience of others helps you execute a program that avoids pitfalls and ensures success. Your strategic decision-making will benefit using help from an informed, independent source.
Contact ARC today at for further information for Benchmark and Best Practices Services.
The Benchmarking Consortium
Recognizing the need and importance of industry benchmarking, ARC and a group of approximately 50 process and hybrid industry manufacturers joined together to launch the Benchmarking Consortium. Initially launched in January 2005, the Benchmarking Consortium establishes common metrics for benchmarking the performance and practices for automation, control, and related plant assets and resources.
Through the diligent efforts of several working groups, over 25 metrics have been approved for use. Current benchmarked industries include Refining, Oil, Gas, Chemicals, Pulp & Paper, Metals & Mining, Food & Beverage, and Life Sciences, with plans to expand into other industries. These companies share their actual plant data on specific metrics in return for receiving comparable data on the same metric from others in the industry.
Since the Benchmarking Consortium was launched, there has been an active core of process owner-operators to guide the identification of suitable metrics. They have also created the related collection and calculation methods to be employed to ensure comparability of the metrics when displayed together for benchmarking purposes.
Anyone can join the Working Group, but each Working Group member is expected to contribute by attending group meetings as well as individual team meetings as required. New metrics will be introduced every year and existing metrics will be refined as experience is gained on collection and calculation methods. Although the initial metrics are centered around automation and control, the boundaries of benchmarking have expanded to include areas like IT infrastructure for automation. This is your opportunity to participate and help formulate its future.
View Benchmarking Consortium brochures:
Benchmarking Consortium - Program Guide
Benchmarking Consortium - Life Sciences
Benchmarking Consortium - Process Industries
For more information on the Consortium and how to join, contact your Client Manager or email at info@arcweb.com.