Manufacturers Benchmarking Toolkit

Description

Three-Month Subscription to MPI’s Manufacturers Benchmarking Toolkit

The MPI Manufacturers Benchmarking Toolkit allows executives to benchmark their plant performance data against hundreds of other manufacturers from around the world to make industry-specific performance comparisons—using a convenient, cloud-based resource to compare and share insights.

Toolkit features include:

• Sort by industry (by NAICS code).
• Filter data using criteria from the study (e.g., by plant characteristics, performance level, etc.).
• Create and export customized performance reports (Excel and PDF).
• Create charts with a single click for inclusion in reports and other documents.

All benchmarks are sourced from the MPI Manufacturing Study, which collects detailed manufacturing practice and performance data from manufacturers around the world, making it the world’s most comprehensive collection of manufacturing benchmarks on a plant level.

• Data from the MPI Manufacturing Study includes responses from 632 global manufacturing executives.
• Data includes all anonymous data gathered in 2014 and 2018 (2020 data coming soon!).

The study examines:

• Plant Operations: improvement methodologies, programs/practices in place, cost of goods sold (revenue, labor, overhead, and material), sales per employee, manufacturing cycle time, on-time delivery rate, perfect delivery rate, finished-product first-pass quality yield, scrap and rework, warranty costs, inventory management practices, inventory turn rates (raw material, work-in-process, finished goods, and obsolete inventory).
• Human Resources: number of employees, union representation, labor turnover rate, participation in work teams, wages, formal training hours, HR programs in use, and job-related injuries and associated missed worked days.
• Supply Chain: nature of supplier and customer relationships, outsourcing, customer reject rates, customer retention rates, overseas sales, imported material, and programs and practices in place.
• Capacity, Equipment, and IT: production volume, machine availability, operating equipment efficiency, return on invested capital, capital investments, and IT purchase plans.
• Sustainability: importance of sustainability to plant success, use of various recycling and reuse programs, energy management programs, renewable energies, formal green corporate programs, and green products.

For a complete list of best practices and benchmarks, download the study questionnaire.

Industries included are:

• Food manufacturing
• Beverage and tobacco product manufacturing
• Textile mills
• Textile product mills
• Apparel manufacturing
• Leather and allied product manufacturing
• Wood product manufacturing
• Paper manufacturing
• Printing and related support activities
• Petroleum and coal products manufacturing
• Chemical manufacturing
• Plastics and rubber products manufacturing
• Nonmetallic mineral product manufacturing
• Primary metal manufacturing
• Fabricated metal product manufacturing
• Machinery manufacturing
• Computer and electronic product manufacturing
• Electrical equipment, appliance, and component manufacturing
• Transportation equipment manufacturing
• Furniture and related product manufacturing
• Miscellaneous manufacturing

After you subscribe to the Manufacturers Benchmarking Toolkit, you’ll receive an email with login information within 12 hours. Need it faster? Call us during normal business hours at +1 216.991.8390, and we’ll expedite your order at no additional cost.