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Manufacturing businesses that want to know how their performance stacks up against industry standards have a new tool to make that measurement — and it’s available at no cost.
The Manufacturing Performance Institute, in conjunction with the American Small Manufacturers Coalition and the New Mexico Manufacturing Extension Partnership, created the Next Generation Manufacturing Assessment Tool after surveying thousands of United States manufacturers in 2009, 2011 and 2013.
The biennial survey asks manufacturers what strategic benchmarks they use to measure their efficiency and effectiveness in six critical areas: human resources, supply-chain management, sustainability, process improvement, innovation and global engagement. The tool based on this survey allows manufacturers of all kinds to see how they compare with world-class industry practices and standards by comparing their responses to those of thousands of other top manufacturers.
The overarching goal is to help businesses with strategic planning and to improve the innovation and productivity of companies that build things in America.
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