The Center for Chemical Process Safety (CCPS), a technology alliance of the American Institute of Chemical Engineers, has announced a partnership with Phillip Townsend and Associates (PTAI) to ...

Benchmarking is the process of comparing what your company is doing with what the best performing company in your industry is doing. Process benchmarking, one of three types of benchmarking, compares ...

Companies typically help inform decisions regarding peer group performance and best practices by conducting benchmarking activities. They also use benchmarking to ensure they do not overpay their ...

When companies and organizations take assessments of themselves, they often tend to start by comparing themselves to their peers. If company B is a similar-sized company and in a similar industry to ...

Arthur C. Clarke, the great science fiction writer, once observed that cave dwellers froze to death on beds of coal—lying on the very resource that could have saved their lives. But they had no way to ...