gic Thinking”РSource ListРCompetitive Benchmarking SummaryРCompetitive Benchmarking is used to identify and measure the factors that determine why a process has specific cost, quality or timing attributes and incorporate the best practices into an actionable change plan. It does so in part, paring pany’s performance in key areas with respect to petitors’ performance. РExamples of petitive Benchmarking findings:РCompetitive BenchmarkingРMonthsРHome GoodsРPerishablesРApparelРAverage = 6.7Р= Maximum?# = Average or mon? = MinimumР0Р2Р4Р6Р8Р10Р12Р14Р16Р18Р20РAРBРCРDРEРFРGРIРJРKРLРMРNРNEW PRODUCT DEVELOPMENT CYCLE TIMEРBest Practices?~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~?~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~?~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Р3.5Р5.0Р4.5Р6.5Р13.5Р5.0Р6.0Р9.0Р7.0Р6.0Р10.5Р6.0Р4.5