Question

What role could "benchmarking" play in the development of the OMP methods used by Nissan.

Answer 1

• One cannot effectively run a business without analyzing it.
• To know where ones company is going and how it's able to compete, one need to measure and analyze performance both internally and externally.
• This is why benchmarking play a vital role.
• Nissan can use benchmarking to ensure quality in the development of the OMP methods.
• Benchmarking is selecting standards, services, costs or practices which represent the optimal performance for processes similar to your own.
• Just-in-time can be used by Nissan as a benchmarking technique.
• This can cut the cost of quality, improve quality and reduce inventory and helps in development of the OMP methods used by Nissan.