Benchmark Analysis Template

Benchmarking is a process that measures how a company is performing against those of world-class performance. It is used to better understand how outstanding companies perform, then helps your company develop plans to adapt specific best practices. This template allows to conduct benchmarking studies to compare the performance of your processes and activities against top performers in a very simple manner.

This template is especially useful during management review meetings. It comes in two different variations, one that performs the comparison on a monthly basis and another that performs it on a yearly basis. Both will require that you identify the target metrics or KPIs, then fill your data and the data collected from the other companies, business units, departments or production lines.

This template is a Microsoft Excel document that you can use and modify to suit your specific needs. For example, you may want to change the type of charts used to display the results, or adjust the worksheet to display the results on a quarterly basis. If you have any difficulties customizing this template or you lack time to do so, we will be happy to perform the customization for you. Let us know what you need and we’ll do our best to serve you. Please help us to make this template better by providing us with your comments or suggestions.