There could be certain benchmarking
created in terms of full-tuned processes, facilities, etc. that can
help two or more manufacturing plants to come under the same
comparative charts thereby making the comparison more meaningful
and sensible. In this regard, there are various ways by which the
manufacturing (assuming) plants can be compared in meaningful
manner such as under:
- Productivity analysis could be
undertaken to determine various scopes that are associated with the
improvement criteria at the plants. Comparative study of
productivity analysis could prove helpful thus.
- The Consumer Operations
Benchmarking Initiative may also help in comprehending the direct
competitors to the manufacturing plants as well as the indirect
ones by benchmarking with regards to the database for the
Manufacturing plants that are concerned with Consumer-packaged
items.
- Other criteria would involve
similarities of the objectives of the two plants, the standard
deviation pertaining to the processes, etc., the statistical
methodology such as the normal distribution assumptions, etc., may
also help in testing whether the plant’s data are actually normally
distributed and comparable or not.