I'm studying Benchmarking Methods, but it seems hard to understand. I really need kindness from someone to help me understanding more with the methods and illustrates.

I'm working for a wood furniture company (production and sale). I hope receive a Benchmarking table of the same my field.

Thank you for your help

Le Minh Duc

Hopefully when the new week comes you'll get a reply to this. Things are sorta slow here on weekends.

I'm studying Benchmarking Methods, but it seems hard to understand. I really need kindness from someone to help me understanding more with the methods and illustrates.

I'm working for a wood furniture company (production and sale). I hope receive a Benchmarking table of the same my field.

Thank you for your help

Le Minh Duc

Hi Duc,

While you get some good responses next week, go through these sites which will give you some initial thoughts - http://www.jg.nus.edu.sg/RO3_Demo.htm

I am also attaching a paper on "Benchmarking the competitiveness of the New Zealand wood processing industry" which you might find it useful.

Actually, it's funny you should ask! I just posted a paper on using Data Envelopment Analysis for benchmarking analysis:

http://elsmar.com/Forums/showthread.php?t=23491

Take a look, and feel free to post any questions in this thread, or the one for DEA on that model, if you're interested in it.

As far as helping you out, it really depends. What exactly are you wanting to benchmark? Are the units within the same organization, or your unit against competitors units?

I know you mentioned the wook furniture industry. What particular metrics are you interested in benchmarking?

As Marc suggested, there will be more input going into next week. If you get a chance though, maybe if you will provide some more details of your project, and what variables that are of interest.

Thank Brad, I will do that