Phillip Townsend Associates

What industries gain the most results from benchmarking?

The list of industries (or industry sectors) in which companies regularly benefit from benchmarking costs throughout their operations is extensive. There are some industries whose fundamental market characteristics enable us to deliver a higher level of impact than others. Below are a few examples of industries that tend to realize the highest level of impact on profitability as a result of well -designed benchmarking programs:

Aircraft Parts Manufacturing
Airlines Operations
Aviation Support Services
Banking (Commercial and Retail)
Building Materials and Supplies
Cement, concrete and Construction Materials
Chemicals
Cinemas and mass-market entertainment
Contract manufacturing
Dairy Products Manufacturing
Electric Energy Distribution
Electric Components & Semiconductor Manufacturing
Energy and Utilities (includes electricity, natural gas, water, waste water, communication services)
Express Delivery Services
Farming & Construction Equipment Manufacturing
Food Processing & Distribution (including suppliers of wholesale foods)
Grocery Stores (Retail Chains)
Health Care Providers
Hotel and Motel Chains
HVAC Manufacturing
Insurance-Health, Life, Commercial P&C
Lumber
Metals (Steel, Aluminum, Iron, Alloys)
Moving and Storage
Oil refining and distribution including lubricants and other oil products)
Paints and Coatings Manufacturing
Private Equity Firms
Pharmaceutical Manufacturing
Polymers and polyethylene
Pulp and Paper Mills/Manufacturing
Railroads
Recreational and Sporting Goods
Semiconductors (And related sectors)
Telecommunications Equipment Manufacturers
Transoceanic shipping & freight
Trucking (Commercial Transportation)
Waste Management
Wine and spirits (large scale distillers/producers)
Vehicle Leasing