BENEFIT OF BENCHMARKING METHODS IN SEVERAL INDUSTRIES: A SYSTEMATIC LITERATURE REVIEW Correspondence (original) (raw)

Benefit of Benchmarking Methods in Several Industries: A Systematic Literature Review

Systematic Reviews in Pharmacy, 2020

The aim of this paper is to determine the benefits of benchmarking methods in the industry, the benefits of implementing benchmarking to customer satisfaction, increased productivity, quality improvement, continuous improvement, market performance, environmental awareness and industry competitiveness. The method used in this research is literature review, data collection and originating information from reputable international journals on benchmarking in the industry, there are 42 of international journals articles collected and as a source of data analysis review.The data in this paper is secondary data sources referred to several articles from reputable international journals. The results of the literature review are found that benchmarking in industrial companies provides benefits that are increased customer satisfaction, increased productivity, increased quality, the implementation of continuous improvement, increased market performance, increased environmental awareness and inc...

A Systematic Literature Review of Benchmarking Implementation in various Industries

IJIEM - Indonesian Journal of Industrial Engineering and Management

This paper aims to explore benchmarking in various industries beyond Indonesia to find the gap between each industry and what makes it different from Indonesia. Benchmarking is recognized as an essential instrument for continuous quality enhancement. In this paper, the author has reviewed 60 articles distributed from 2015 to 2020 in a variety of journal research and journal review. Systematic literature reviews are the approaches used in this study since a precise, consistent, and clear methodology, with a variety of steps, guarantees sufficient rigor and clarity in the literature review process. Authors have a review in multi-perspective to help researchers, academics, and practitioners more deeply understand and take a closer look at the growth, development, and applicability of this technique. Authors have classification the various paper-based on goals and scope of achievement from benchmarking applicable. In Addition, this paper also needs to find a better solution from each ga...

Best practices for the effectiveness of benchmarking in the Indonesian manufacturing companies

Benchmarking: An International Journal, 2010

Purpose -The purpose of this paper is to examine best practices that contribute to the effectiveness of benchmarking in Indonesian manufacturing industries. Design/methodology/approach -A total of 250 questionnaires are distributed to representatives of the Badan Pengelola Industri Strategis (BPIS) registered companies, specifically to the quality managers or production managers that are involved in the benchmarking process in companies. Findings -In total, 155 responded to the questionnaire; that gives a response rate of 51.67 percent. Analysis of the data has shown that some benchmarking practices, e.g. the manufacturing process, and organizational and environmental factors do significantly influence the effectiveness of benchmarking.

The Role of Benchmarking in Managerial Performance

International Journal of Innovation in the Digital Economy, 2018

Benchmarking is one of the methods of widespread use in practice and in management theory, benefiting from continuous development. This article intends to identify and analyze the perspective of benchmarking in romanian smes from the perspective of quality, cost, effectiveness, and customer satisfaction. The results show that for many romanian organizations, benchmarking is still a little overlooked, on the one hand because of the lack of necessary financial resources, on the other hand, of a poor awareness of the importance of these investments in the medium and long term.

Mechanism of Benchmarking and Its Impact on Organizational Performance

International Journal of Business and Management, 2016

This paper investigates the importance of benchmarking as a tool that can enhance organizational performance. The purpose of this study is to discuss the most important studies of benchmarking and its effect on organizational performance. Benchmarking has spread fast and become one of most used competitive technique that improve the performance of an organization by identifying, understanding, and adapting good practices from other organizations. The main use of benchmarking is to find best practices and then trying to apply them for the sake of achieving the organization's goals. Many researchers examined the relationship between benchmarking and organizational performance. Therefore, this article is an attempt to review published studies in the literature and to pave the road for future empirical studies in different contexts. Many researchers referred to benchmarking as a fundamental tool for continuous improvement (e.g., Deming &

Benchmarking: Application, Validity of Application and Business Ethics

2011

Every company should apply benchmarking if it aims at reaching a high international level, competitive ness, and to prosper in global economy, and above all, if it wants to survive. In absence of benchmarking, a company will never get to know what its business lo oks like with respect to the competition and internationally recognized companies. Benchmarking poses new ways of thinking necessary to stimulate development and it facilitates measurement of the e fficiency of our work procedures. The disadvantages of benchmarking are often neglected, as well as its et hical aspects. The paper directly analyses the vali dity of benchmarking application and business ethics in ben chmarking. This problems can be overcome in the largest part by appropriate application of benchmar king. That is why it is important to bear in mind t he negative consequences of benchmarking so that they can be mitigated.

Industrial Benchmarking: A Critical Research and Practices in Automotive Manufacturing Unit

2012

This paper is based on a survey conducted on top ma nagement’s awareness and understanding of benchmarking in Indian automotive manufacturing com panies. The main objective of this paper is to provide empirical evidence on top management’ s awareness and understanding of the benchmarking technique and its role towards busines survival and competitiveness. To achieve this objective, the authors developed a questionnai re comprising of fifthteen questions, checked for reliability and validity by experts and practit ioners. The survey results and findings revealed that almost 17% are in the very good category, abou t 55% of the respondents companies are still in the moderate category, nearly 22% are in the low category and 6% have very little understanding and knowledge as regards to benchmark ing. In summary, the survey analysis showed large majority of the Indian companies invol ves in the automotive manufacturing sector still experiencing lack of knowledge as regards to the benchmar...

Benchmarking – best practices: an integrated approach

Benchmarking: An International Journal, 1999

The essence of benchmarking is the process of identifying the highest standards of excellence for products, services, or processes, and then making the improvements necessary to reach those standards ± commonly called``best practices''. Various companies have adopted benchmarking and customized the methodology to suit their needs. A five-step benchmarking model is suggested in this paper as a model to be used when undertaking a benchmarking study. Two case studies are enumerated and a comparison presented.

The propagation of benchmarking concepts in Indian manufacturing industry

Benchmarking: An International Journal, 2008

Purpose -This paper aims to present existence comprehensive analysis of state of implementation of benchmarking concepts in Indian automotive companies. Design/methodology/approach -The research is carried out through a mixed method of research approach comprising of a survey of 300 auto companies in India. Out of 300, 48 valid responses together with three additional case studies were used in the data analysis. Inclusion of case studies was aspired to get deeper insight into the issues pertaining to adoption of best practices, and subsequently the implementation of benchmarking activities. Findings -Benchmarking has been unanimously accepted as an effective performance and productivity improvement tool by Indian auto companies. However, Indian automobile manufacturers still see benchmarking as a tool to compare product attributes, quality attributes, operations, and processes. Moreover, it has been perceived as being less applicable at strategic level. Results also show that benchmarking is in its primary stage in the Indian automotive industry, and it still needs much more commitment from top management for its proliferation. Lesser significance is given to competitor benchmarking due to the fear of losing competitive advantage, and the problem of confidentiality. Reasons identified in this study for not using benchmarking include "lack of human resources" as most important, followed by "financial constraints", and "lack of internal expertise". Research limitations/implications -Research results should be generalized and reproduced with a larger sample size. Owing to the scarce application of benchmarking in small and medium enterprises (SMEs), separate study should be carried out to find ways to encourage benchmarking implementation in Indian auto component manufacturing SMEs.

Factors Influencing the Effectiveness of Benchmarking Practice Among Manufacturing Companies in Indonesia

gcbe.us

The objective of this paper is to examine manufacturing process factor that contribute to the effectiveness of benchmarking in Indonesian manufacturing industries. The population of the study covers randomly selected from all type of manufacturing companies in East Java, Indonesia. The companies have registered with the Agency for Strategic Industries such as textile products companies, auto part and supplies, and home appliances etc. This study found that complexity and flexibility has significant correlation with ...