Industrial Benchmarking-Theory and Practices

In today's fast paced business environment, superior logistics performance is a prerequisite to become and stay competitive.Distribution & warehousing practices account for about 70% of total logistics while annual logistics expenditure is nearly 13% of the GDP.At the other side of the coin, induction of technology & best manufacturing practices in the last few years,the scope for improving efficiency within the production premises has narrowed substantially while situation has been quite different particularly the warehouse & distribution operations management,which has yet to receive the attention that manufacturing has been.Therefore they are becoming the last frontier for significant increase in shareholders & customers value.This work includes the analysis of various approaches & respective tools & techniques for identifying best one suited for focus logistics practices,it also includes development of a user interface template for priority based gap analysis for different parameters through multi-criteria decision making method and an interface which provides the graphical representation of result for better grasping of the best of the best practice against current performance

Autorentext

Dr Mohammad Israr is a Principal at the Dungarpur College of Engineering &Technology, Dungarpur. He is an expert in Operations Management & Engineering Mechanics, which are the subjects he teachesat DCET.Dr Anshul Gangele is a Professor at the Department of Mechanical & Automation Engineering,Amity University MP,Gwalior.