Performance benchmarks provide a comparative gauge of the success of an enterprise. Selection of the appropriate measurements is the key to developing meaningful and representative comparisons.
Woodbridge Associates has developed a proprietary model of manufacturing competitiveness that combines quantitative and qualitative measurements of how well a firm may be performing in comparison with its peer group. Our modeling approach can be used for a regional industry sector, compared with competing regions either domestically or internationally. The model is based on inputs of up to twenty-five variables.
Our ‘competitiveness model’ is utilized in several recent projects.