022-287-64-075   contactus@hmsaconsultancy.com
Benchmarking Registration  
*Company Name : 
* First Name: 
* Last Name : 
* Direct Phone : 
* Email : 
* Annual Revenue : 
< 5 Crores
5 - 75 Crores
75 - 250 Crores
> 250 Crores

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  FAQ's

1

What is benchmarking & why is it performed?

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Benchmarking is a fact-based comparison of companies’ process performance to ‘Top Performers’, as well as across the client’s industry, across companies. It is a comparative data analysis method which helps to identify areas of improvement and prioritizes process improvement opportunities. The intent of benchmarking is to compare your own operations to that of competitors and to generate ideas for improving processes, approaches, and technologies to reduce costs, increase profits and strengthen customer loyalty and satisfaction.

 

 

2

Which areas are covered under this exercise?

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In total SIX areas are covered under this exercise namely; Procurement, Production, Logistics, Marketing, HR and Admin, and Finance.

 

3
What is the process of participation?
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Company submits expression of interest for participating in the benchmarking exercise.
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Hmsa confirms receipt of 10 or more EOI’s and green signals the exercise. 

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Companies pay 50% of the total participation fee as commencement fee at this stage. (Free for first 10 participants expressing interest)
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Upon receipt of commencement fee, Hmsa rolls out an online survey to all participants.
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This survey needs to be submitted online within the stipulated time. (usually within 7-10 days) 
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Hmsa confirms data receipt reviews data, reaches out to the participant for any clarifications or data discrepancy rectification needed.
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Hmsa’s team carries out benchmarking analysis and develops bespoke reports for each participant company
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Reports will be mailed out in password protected files to participants and on their paying up the balance 50% fee, passwords will be mailed to them.
 
4
What do the participants get?
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Participants will receive comprehensive report benchmarking their performance vis-à-vis the best & the average performers in their industry participating in the survey, covering 100+ Key Performance Indices (KPIs) this would highlight cost savings potentials specific to each area of improvement.
   
5
How much does the participation cost?
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Company’s pays participation fees of Rs.2 Lacs/company except for the first 10 participants who will receive their benchmarking report for free.
 

 

 

Important: There is no cost incidental to companies for expressing interest in participating in this exercise. Participants will be requested to pay fees only after receipt of minimum number of EOIs.


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