The benchmarking Centre Europe, Cologne, cooperating immediately with the American productivity and quality Center (APQC), the leading benchmarking and best-practice research organization. Systematic benchmarking is most widely used management tool for companies who want to effectively expand their success and secure long term. This was the result of a recent study by the American consulting firm Bain & company. But the quality and thus the validity of comparative analyses depends significantly, the used benchmark database is how good and comprehensive. The Cologne benchmarking Centre Europe (BCE) cooperates the American productivity and quality Center (APQC) therefore recently with the world’s most successful operator of the database.
According to Prof. Dr. Matthias Schmieder APQC has the world’s most comprehensive benchmark – database with approximately 1,200 key figures per registered company. Thanks to that global to the leading research organizations in the area of benchmarking and best practices for performance analysis, process optimization, and knowledge management cooperation with APQC, heard, now German companies can use the APQC database for international comparative analysis”, explains the head of the Cologne benchmarking Centre Europe. General and special analysis allows clients thus national, European and global code-based comparative analyses in the areas of supply chain, product development, finance, information technology, human resources management, innovation and marketing benchmarking Center Europe. Also special direct comparisons with competitors of the client are carried out, provided that the competitor agrees to the comparison. More benchmarking adapted to the specific needs of the client are also possible”, reported Professor Matthias Schmieder. First, according to the Economist, about 1,200 metrics of the customer’s captured and seven stages undergone a comprehensive validation process.
A highest possible accuracy of the data is to be achieved. The collected data are anonymized in the APQC database entered and can be compared according to the task and target with companies from 102 countries. The results report the most effective management tool includes a comprehensive strengths and weaknesses representation, as well as the potential for improvement.