Comparative Effective Analysis

What is Comparative Effective Analysis?

It is important to conduct benchmarking. Yokogawa Comparative Effectiveness Analysis service gathers operational data for automatic calculation of KPIs, which is then used by Yokogawa to provide periodical benchmarking reports.

Customer Challenge

Understanding Your Weaknesses and Potential to Improve

As our industrial environment continues to become more competitive, the importance to improve performance and efficiency increases.

To ensure we are investing our effort into areas that have maximum potential ROI, it is important to leverage data from across all industries to focus attention on the areas with significant impact.

Customer Challenge
Our Solutions

Our Solutions

Identify Improvement Opportunities by Comparing Plant Performance to Others

The Yokogawa Comparative Effectiveness Analysis service calculates your performance against production-related key performance indicators (KPIs) and provides a report which can compare your performance against:

  • Similar operating plants within your corporate group of companies (if applicable)
  • Similar operating plants across the industry (competitors)
  • Similar operating plants in your region

This form of benchmarking enables clear identification and prioritization of improvement opportunities based on normalized performance criteria within your industry. Continuous periodical benchmarking to ensure that companies remain watchful of their competitors’ positioning and maintain a culture of continuous improvement.

Customer Benefits

Clearly Understand Your Plant Operability Compared to the Industry

Yokogawa gathers operational data for automatic calculation of KPIs to provide periodical benchmarking reports.

This approach has the following advantages:

  • Eliminates tedious and time consuming information acquisition/calculation
  • Compares performance against a rich industry database
  • Enables opportunity implementation with Yokogawa Solution & Service
Customer Benefits

 

Details

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