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Best Practice Database
Business Operations » Manufacturing
Single User: Authorizes use by the person who places the order or for whom the order was placed.
Sitewide: Authorizes use of the report for a geographic site. All people at site can view the report for a year and copies can be printed.
Corporate: Authorizes use for the entire company for a year and copies can be printed. No limitations for usage inside the company.
As energy and commodity costs continue to rise, manufacturing companies have looked to their supply chains to find additional means to reduce raw material and packaging material costs. Many companies have already picked the low-hanging fruit in supply chain savings -- such as economies of scale and consolidating sourcing -- and are therefore in search of other cost reduction measures.
This study explores how leading manufacturing companies achieve productivity gains through system approaches and innovations that reduce raw material and packaging material costs. Manufacturing executives can use the metrics in this document to see how they stack up against other companies' key cost, productivity and operational benchmark metrics. They can then do a gap analysis and identify their own areas of improvement.
KEY TOPIC AND METRIC AREAS
Each metric is reported separately or segmented into three groups based on total revenue in U.S. dollars: 1) less than $1 billion, 2) between $1-15 billion, and 3) over $15 billion.