Expertenthemenbeschreibung Benchmarking

Benchmarking

The neutral benchmark partner for mechanical engineering

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Benchmarking is an instrument of controlling and corporate management for the analysis of processes, corporate success and developments.

With a neutral comparison and the comparison with the best, the own positioning shall be enabled. Here, the VDMA is the most powerful partner for its members.

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Titel der Empfehlung: Benchmarking

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  • Inter-company comparison
In a company it is part of the daily work to identify optimization needs via benchmarking, to monitor successful processes and to visualize targets. A popular tool here is comparison. The VDMA QuickCheck enables this - similar to a balanced scorecard - via four perspectives. With the VMDA QuickCheck this is possible - similar to a Balanced Scorecard - over four perspectives.

From our content

From our content
IT is becoming more expensive - and more important!

The digital transformation in mechanical engineering is also reflected in total IT costs, which have been rising at an average rate of 5% per year faster than sales since 2017.

Working Capital Management Data Sheet

Working capital management is of particular importance when focusing on liquidity. Here you will find the updated data for the guide.

Salary benchmark Czech Republic 2025

The study compares the salary structures of 80 key positions in manufacturing and business-related services across the Czech Republic and its regions.

Facts and figures: Education and workforce in mechanical engineering

In our theme publications, you will find facts, figures and data related to vocational training, engineering courses, skilled workers, mechanical engineers and women in machinery and equipment manufacturing.

Mechanical engineering sector specific sustainability benchmarks

The call for sector specific sustainability benchmarks has increased as mechanical engineering companies come under pressure from legislation and customers to report their sustainability impact.

Publication 1st VDMA Benchmark Industry Materiality according to ESRS

The VDMA publishes the first benchmark for industry-wide materiality in accordance with the European Sustainable Reporting Standard (ESRS) of the Corporate Sustainability Reporting Directive (CSRD).

Less provisioning necessary

Expenses for warranty and goodwill costs have also stabilised at a low level. This applies in particular to larger companies, which are disproportionately represented in the survey of these figures.

Research and development at a glance

Since 2012, spending on R&D by the manufacturing sector in Germany has increased by more than a third. The machinery and equipment manufacturing industry has seen above-average develeopment.

VDMA QuickCheck revised

In a company it is part of the daily work to identify optimization needs via benchmarking, to monitor successful processes and to visualize targets. A popular tool here is comparison. The VDMA QuickCheck enables this - similar to a balanced scorecard - via four perspectives.

Calculation scheme for non-wage labor costs 2023

The calculation schema for non-wage labor costs is a model calculation for determining the imputed surcharge for direct and indirect wage-dependent costs. Here you will find the current version, as of March of the current year.

Key figures in Product management

Portfolio vitality above all else, or why key performance indicators from other departments are only partially suitable for adjusting product market success.

Controlling engineering departments with key performance indicators

In engineering and design departments, significantly fewer key figures are generally used to control processes than in production, for example. The VDMA Central Working Group Engineering has compiled an overview of key figures with this focus.

Controlling production with key performance indicators

Key figures are of essential importance for production processes and have been present in manufacturing and assembly for a long time. The Zentraler Arbeitskreis Produktion (Central Working Group for Production) of VDMA has therefore intensively dealt with what a lowest common denominator of important key figures could look like for the control of production areas in mechanical and plant engineering.

Sick leave in mechanical engineering

A frequently sought-after key figure in personnel management is the sickness rate. Here you can find industry averages.

How do I determine the right indicators and key performance indicators for checking the degree of achievement of my company's sustainability goals?

Indicators and key figures

Fit for Quality

Do you want to know how good your quality management is compared to the best in the industry? Then use the results of the "Fit for Quality" evaluation of the VDMA-Benchmarks Quality Management! In this approach we have identified 22 success factors that have a direct impact on the effectiveness of your quality management.

Benchmark profile

Key figures have become a standard tool that has become an integral part of today's corporate management. Every company has its own key figures, looks for comparative figures or takes part in benchmarking studies.

Fit for Service

Do you want to find out how to make your service even more successful? Then use the results of the “Fit for Service” analysis of the VDMA benchmarks for customer service! Together with the consultants of goetzpartners, we have identified success factors that influence service sales and/or yield. We are currently preparing a documentation and an online tool.

Important questions on this topic

Important questions on this topic

To the point

To the point

Auf den Punkt Zitat Benchmarking

"Choosing the right statistical method is important to ensure the validity of a measurement."

Dr. Bastian Krieger, ZEW Mannheim

Auf den Punkt Zahl Benchmarking

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Episodes

The new podcast on intercompany comparison is underway.In order to bridge the time until the release of the further episodes, we inform here about the objectives of all episodes.

Source: VDMA

Auf den Punkt Zusammenfassung Benchmarking

Summary
When comparing companies, particular attention must be paid to structural and formal comparability:
  • Branch or also the detail branch
  • Type of company
  • Company size
  • Production type
  • Location

Events

Events

Further VDMA Services

Further VDMA Services

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More expert and focus topics

More expert and focus topics
Intercompany comparisons
The business management tool for performance optimization and measurement from a neutral partner. A diverse and participative VDMA system at a glance.
Finance & Controlling
Globalization, digital transformation and the associated dynamics have substantial effects on Finance and Controlling. To ensure that the sector can continue to set the pace for value-added innovation in the future, new processes and competencies are required that enable secure, data-driven decisions based on resilient analyses and real-time forecasts.
Human Resources Management
Human resources management in companies has received a significant upgrade since the early 1990s. The ability to stand out in the market depends not least on the qualified people in the company.
Organization and Culture
Both organisation and culture are what make up the company "inside". Both have far-reaching effects on the outside, on customers and their needs and on other external partners. Thus, both are a question of successful cooperation inside and outside.
Quality Management
The quality of products and services is an essential basis for success in the German mechanical and plant engineering industry. Every company, whether certified to ISO 9001:2015 or not, has a functioning quality management system. However, there are major differences in its effectiveness.
Engineering
Product development is where most of the course for a company's success is set. You will find valuable impulses for the complex requirements on these pages.
Purchasing and Materials Management
On average, material costs in the mechanical and plant engineering sector account for about 50 per cent of the company's total costs. At the same time, the trouble-free supply of materials is an indispensable prerequisite for functioning production and thus for the timely fulfilment of orders.
Production
In manufacturing and assembly outstanding machines and plants become reality. This is where information and material flow together, not always according to plan. However it is important to meet the high demands in terms of quality, time and costs every day.
Marketing
Marketing Communication is nowadays a part of the sales process. It´s not reduced on graphical outcome an should qualify permanently Leads. How you can proceed on this, is explained on the following page.

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