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Benchmarking

Benchmarking. Techniques & Application. Internal Benchmarking. Monitoring & Investigative Techniques: Control Charts 2. Pareto Diagrams 3. Cause & Effect (Fishbone) Diagram. Japanese Term- continuous improvement A whole business philosophy Removing unnecessary steps Team Concept

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Benchmarking

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  1. Benchmarking Techniques & Application

  2. Internal Benchmarking Monitoring & Investigative Techniques: • Control Charts 2. Pareto Diagrams 3. Cause & Effect (Fishbone) Diagram

  3. Japanese Term- continuous improvement A whole business philosophy Removing unnecessary steps Team Concept Put best process into place Solve easiest problems first Kaizen

  4. Pro’s and Con’s • Hyperinflation • Single Supplier • Standardization • Drive down material costs

  5. Toyota and Caterpillar

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  7. Title • Loremipsumdolorsitamet, consectetueradipiscingelit. Vivamus et magna. Fuscesedsemsed magna suscipitegestas. • Loremipsumdolorsitamet, consectetueradipiscingelit. Vivamus et magna. Fuscesedsemsed magna suscipitegestas.

  8. Title • Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Vivamus et magna. Fusce sed sem sed magna suscipit egestas. • Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Vivamus et magna. Fusce sed sem sed magna suscipit egestas. • Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Vivamus et magna. Fusce sed sem sed magna suscipit egestas.

  9. Title • Loremipsumdolorsitamet, consectetueradipiscingelit. Vivamus et magna. Fuscesedsemsed magna suscipitegestas. • Loremipsumdolorsitamet, consectetueradipiscingelit. Vivamus et magna. Fuscesedsemsed magna suscipitegestas. • Loremipsumdolorsitamet, consectetueradipiscingelit. Vivamus et magna. Fuscesedsemsed magna suscipitegestas.

  10. Process Improvements & Activity-Based Management • Activity Based Costing a. Allocating Costs b. Identifying Necessary Activities c. Process d. Determining Driving Costs e. Companies with Multiple Products f. Pricing and Outsourcing Decisions

  11. Process Improvements & Activity-Based Management 2. Activity Based Management Using ABC to determine… a. Where are Overhead Costs Allocated? b. Should we Outsource Processes? c. Should Prices Change?

  12. Process Improvements & Activity-Based Management 3. Cost Identification a. Value Adding vs. Non-Value Adding Activities b. Exact Costs of Each Unit c. Cost Data by Activity

  13. Title • Loremipsumdolorsitamet, consectetueradipiscingelit. Vivamus et magna. Fuscesedsemsed magna suscipitegestas. • Loremipsumdolorsitamet, consectetueradipiscingelit. Vivamus et magna. Fuscesedsemsed magna suscipitegestas. • Loremipsumdolorsitamet, consectetueradipiscingelit. Vivamus et magna. Fuscesedsemsed magna suscipitegestas.

  14. Title • Loremipsumdolorsitamet, consectetueradipiscingelit. Vivamus et magna. Fuscesedsemsed magna suscipitegestas. • Loremipsumdolorsitamet, consectetueradipiscingelit. Vivamus et magna. Fuscesedsemsed magna suscipitegestas. • Loremipsumdolorsitamet, consectetueradipiscingelit. Vivamus et magna. Fuscesedsemsed magna suscipitegestas.

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