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Monthly Archive for: ‘November, 2012’

  • Benchmark in Purchasing: Are You Worst-In-Class?

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    Wikipedia explains that the term benchmarking was first used by shoemakers to measure people’s feet. They would place someone’s foot on a “bench” and mark it out to make the pattern for the shoes. Today’s definition of benchmarking: “It is the process of comparing one’s business processes …

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