Six Sigma and Beyond: Design for Six Sigma, Volume VI

OVERVIEW

Benchmarking is a tool, a technique or process, a philosophy, and a new name for old practices. It involves operations research and management science for determining (a) what to do or "goal setting" and (b) how to do it or "action plan identification."

Benchmarking can be applied (a) systematically and comprehensively or (b) ad hoc project by project. In both cases it can require (a) sophisticated statistical analysis, (b) utilization of a wide variety of analytical tools, and (c) a wide range of data sources. The basic requirements for success are:

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