"Benchmarking" Example Sentences
1. The company regularly benchmarks its practices against industry leaders.
2. Benchmarking is an important tool for continuous improvement.
3. We engaged in benchmarking to identify best practices and areas for improvement.
4. The startup benchmarked its product development time against larger competitors.
5. Benchmarking involves comparing your performance metrics to those of other organizations.
6. Production costs are benchmarked against both national and international standards.
7. Through benchmarking, we identified several opportunities to optimize our processes.
8. Internal benchmarking compares performance across different departments within an organization.
9. The HR department conducted benchmarking to understand industry compensation trends.
10. Benchmarking allowed us to set realistic goals for productivity gains.
11. The marketing team benchmarked campaign strategies against other firms in the sector.
12. Business metrics and KPIs were regularly benchmarked to identify areas for improvement.
13. Customer satisfaction scores are benchmarked against leading brands in the industry.
14. External benchmarking compares your performance to that of competitors and external partners.
15. Process benchmarking focuses on comparing specific workflows and procedures.
16. The startup benchmarked its product roadmap against market leaders.
17. Through benchmarking, we gained insight into best practices for inventory management.
18. Competitive benchmarking assesses your performance relative to direct competitors.
19. Functional benchmarking compares the performance of specific business functions.
20. Product benchmarking evaluates a firm's offerings against competitor alternatives.
21. Financial metrics like profit margins were regularly benchmarked.
22. Outcome benchmarking compares the end results of different strategies and approaches.
23. The IT team conducted performance benchmarking of their infrastructure.
24. Benchmarking should not be a one-time exercise but an ongoing effort.
25. Strategic benchmarking assesses a firm's goals, objectives and overall vision.
26. Service level benchmarking compares the quality of customer service delivered.
27. Employee compensation was benchmarked against competing job offers.
28. Adopting benchmarking as a cultural practice can drive continuous improvement.
29. The startup benchmarked customer churn against similar businesses.
30. Generic benchmarking compares performance against leaders regardless of industry.
31. Benchmarking allowed us to set more ambitious sales targets.
32. Benchmarking provided crucial insights that led to operational efficiencies.
33. Benchmarking industry KPIs shows which metrics matter most for success.
34. Internal benchmarking identified repetitive tasks that could be automated.
35. They benchmarked productivity metrics like units per employee.
36. The benchmarking project uncovered significant opportunities for cost savings.
37. The new CEO prioritized benchmarking as part of his strategic vision.
38. They regularly benchmarked conversion rates against competitors.
39. Benchmarking enabled us to optimize staffing levels and resource allocation.
40. Quality standards were benchmarked against industry leaders.
41. Benchmarking highlighted key success factors within the target market.
42. Competitive intelligence gathering often involves benchmarking competitor offerings.
43. Environmental benchmarking compares sustainability practices and performance.
44. Technical benchmarking evaluates technology infrastructure and capabilities.
45. Effectiveness benchmarking compares the impact and results achieved by different strategies.
46. We benchmarked training programs against global industry standards.
47. Performance benchmarking provided data to make evidence-based management decisions.
48. Operations benchmarking focused on factory output and equipment utilization rates.
49. Through customer benchmarking, we pinpointed areas where the customer experience could improve.
50. Benchmarking gives companies a reality check on where they stand compared to the competition.
Common Phases
1.
Benchmarking is essential to assess performance gaps.
2.
Benchmarking helps identify best practices and improvement opportunities.
3.
Benchmarking allows companies to set more ambitious goals and targets.
4.
Benchmarking offers invaluable insights to drive operational efficiencies.
5.
Benchmarking should be a continuous exercise, not a one-time event.
6.
Benchmarking may reveal aspects of a business that need immediate attention.
7.
Benchmarking industry leaders is critical for staying competitive.
8. Internal
benchmarking within departments can produce valuable findings.
9.
Benchmarking data provides an evidence base for effective decision making.
10. Adopting
benchmarking as a cultural practice can benefit the whole organization.