Benchmarking Resources


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Measuring for Success - A Modern Benchmarking Application

Effective business benchmarking involves continuous measuring and comparing of any performance metric so it can be improved over time.  Anything that can be measured can be benchmarked, whether it is the number of shelf items sold, the number of man hours spent unloading trucks, the average collection period for receivables or average sales per salesperson.
 

Selecting the most important business variables for benchmarking requires careful planning by management, and the discipline to continue collecting data to monitor improvement over time.  This practice may not always be popular with the staff but its value in building profit improvement is essential.
   
   

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Gerke & Associates Can Develop Customized Benchmarking for You or Your Industry

Gerke & Associates has been customizing benchmarking applications since 1977.  Clients include small independent retailers and entire consumer products industries.  One 10-year benchmarking engagement involved working with North American and European distributors of consumer products, an led to nearly 100% increase in profit margin for the group.  Contact us for details on how we can develop profit-improvement benchmarking for your company or your industry.