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- Title
IMPROVING THE MANAGEMENT EFFICIENCY OF INDUSTRIAL PRODUCTION BY USING THE BENCHMARKING METHOD.
- Authors
Grigorescu, Lucian; Grecu, Valentin
- Abstract
Benchmarking is a method of comparing the strategic costs, a practical way to detect the claims of the firm in terms of costs and productivity, a way to deal with them. The method is based on the possibility that any firm has to compare the costs of certain components or certain features of its system with those made by companies known for their high performance in terms of that function or that cost. The aim is to identify the best processes or activities that are outside the industrial enterprises, not just to copy them in order to obtain the best performance, but rather to understand the way of achieving them. Since the adoption of these with success in industrial enterprise, requires changes in its policy, practice, types of behaviour and value system, the quotation of reference (benchmarking) must consider as well these elements.
- Subjects
INDUSTRIAL productivity; BENCHMARKING (Management); PRODUCTION management (Manufacturing); OPERATING costs; BUSINESS planning
- Publication
Annals of 'Constantin Brancusi' University of Targu-Jiu. Engineering Series / Analele Universităţii Constantin Brâncuşi din Târgu-Jiu. Seria Inginerie, 2010, Issue 4, p351
- ISSN
1842-4856
- Publication type
Article