Benchmarking best practices in manufacturing, consumer and logistics - Memphis Business Journal
During webinars in 2025, professionals at Forvis Mazars discussed how leaders at U.S. manufacturing, consumer, and logistics organizations can leverage benchmarking as a strategic tool to help drive performance improvement, efficiency, and quality. During webinars in 2025, professionals at Forvis Mazars discussed how leaders at U.S. manufacturing, consumer, and logistics organizations can use benchmarking as a strategic tool to improve performance, efficiency, and quality. Over half of the respondents indicated their organizations are using key Performance Indicators (KPIs), confirming the trend of data-driven decisions. Large companies (over 5,000 employees) and industries that use equipment and machinery whose performance can be tracked consistently (manufacturing, distribution, construction, logistics, and distribution) had higher percentage currently using KPIs. Data quality and consistency issues were cited as their biggest challenge, with less-reliable data suggesting misinterpretation of results or limited access to comparable benchmarks. Small and midsize businesses should collaborate with their finance teams, trusted advisors, and external data sources to build capability to perform operational benchmarking. The panelists also highlighted the importance of working with change management professionals regarding change agility.
Publicerad : 5 månader sedan förbi i Business
During webinars in 2025, professionals at Forvis Mazars discussed how leaders at U.S. manufacturing, consumer, and logistics organizations can leverage benchmarking as a strategic tool to help drive p... [8148 symbols]