2011 Industrial Products Book of Metrics Executive Summary
Benchmark results and analysis uncover areas with significant potential for cost reductions in industrial products organizations
The industrial products industry is going through a period of profound transformation with companies struggling to make headway against a variety of issues intensified by economic conditions. Never has it been more important to manage cost and efficiency in line with enterprise objectives.
Deloitte Consulting offers a variety of benchmarks specifically designed for the industrial products industry which provide objective, fact-based results and insight. Authored by Deloitte industry and service leaders, the "2011 Industrial Products Book of Metrics" combines proprietary benchmark data along with industry trends and analysis equaling a wealth of information for industrial products executives. The book of metrics addresses key industry themes such as automation and complexity, uncovering startling information such as the potential negative impact of outsourcing on total finance cost.
The functional analysis reviews areas that are critical to industrial products executives:
- Human resources
- Information technology
- Sales and marketing
- Supply chain
Our data reveals the functional areas with the largest cost-saving opportunities (which are multiple, given the cost gap of $25.5 million per billion in revenue between the industrial products median and low-cost performers) demonstrating that in spite of the current economic situation, cost containment and efficiency improvement are possible.
Download the "2011 Industrial Products Book of Metrics" below and contact Deloitte's Global Benchmarking Center to learn more about the substantial cost-saving opportunities that can be identified through benchmarking.
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