Plant Engineering - May 01, 2004
Features
Benchmarking or performance measurement: Which is right for your plant?
Most companies today are looking for some parameter by which to measure their maintenance function. However, there is confusion about what the parameter should be. In addition, there is considerable confusion about the difference between a performance measure and a benchmark. To clearly understand the difference and how both should be used in an organization's effort to improve, it is necess...
