Manufacturing Operations Benchmarks

Operations

Manufacturing operations benchmarks from MPI’s Manufacturing Study include data for 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 total inventory), and obsolete inventory.

Download a complete list of benchmarks available in the Manufacturers Benchmarking Toolkit.

 

Download industry vertical and sub-vertical breakdowns to see the number of responses from your industry in the Manufacturers Benchmarking Toolkit.

 

Purchase benchmarks.

Manufacturing Operations Benchmarks include:
  • Improvement methodologies followed at the plant and level of adoption of chosen methodology(ies)
  • Importance of process improvement to your plant’s success over the next five years
  • Percentage of a fully engaged workforce in chosen improvement methodology(ies)
  • Programs and/or practices occurring at a plant (such as benchmarking, total productive maintenance, and quality certifications)
  • Estimate of operation/production measures for a plant for the current year and three years prior, including manufacturing cycle time, on-time delivery rate, perfect delivery rate, finished-product first-pass quality yield, scrap and rework, and warranty costs
  • Total production output (unit volume) change in the past 12 months
  • Plant’s costs as a percentage of costs of goods sold (COGS), including for plant revenue, labor, overhead, and material
  • Approximate sales per employee
  • Per-unit manufacturing costs
  • Practices used to manage inventory
  • Inventory turn rates for raw material, work-in-process material, finished goods, and total inventory
  • Total obsolete inventory
Purchase Benchmarks

Why benchmark?

1.
To know where to focus improvement efforts.
2.
To know how to measure world-class success.
3.
To maintain positive growth and ensure stability.