Точка Синхронізації

AI Archive of Human History

🌐 Entity

Benchmarking

Comparing business metrics in an industry

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5 news mentions · 👍 0 likes · 👎 0 dislikes

📌 Topics

  • Artificial Intelligence (4)
  • Machine Learning (2)
  • Data Science (2)
  • Data Architecture (1)
  • Technology Research (1)
  • Industrial Optimization (1)
  • Logistics (1)
  • Supply Chain (1)
  • Linguistics (1)
  • Technology (1)

🏷️ Keywords

Benchmarking (5) · arXiv (5) · LakeMLB (1) · Data Lake (1) · Machine Learning (1) · Big Data (1) · Data Analytics (1) · Large Language Models (1) · Optimization Modeling (1) · Industrial Automation (1) · Mathematical Computing (1) · Solver Code (1) · SupChain-Bench (1) · LLM (1) · Supply Chain Management (1) · AI Evaluation (1) · Automation (1) · Machine Translation (1) · Quality Estimation (1) · Hebrew language (1)

📖 Key Information

Benchmarking is the practice of comparing business processes and performance metrics to industry bests and best practices from other companies. Dimensions typically measured are quality, time and cost. Benchmarking is used to measure performance using a specific indicator (cost per unit of measure, productivity per unit of measure, cycle time of x per unit of measure or defects per unit of measure) resulting in a metric of performance that is then compared to others.

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