Project Results
Determining Your Pathway to Success
When improving processes, it's important to link the improvement opportunity to bottom-line benefits. i3 Consulting’s process improvement efforts focuses on consistent human performance that lead to tangible benefits. Up-to-date and relevant processes and procedures need to be in place to provide the framework to operate effectively and efficiently. Appropriate elements need to be established to measure, monitor, and control in order to continue steering the organization towards the desired business and financial results. Focus on controlling each ring will assure the work processes established continually support the organization’s strategic direction.


Sample Best Practice Benchmarks
Link to i3 Service
Category
Benchmark
i3 Elevate Results
SPI/CPI efficiency
Stage Gate SLA performance
Planned vs Actual Spend Variance
Schedule Variance
Emergency Work Orders
Injuries
Human Error Production Upsets
OEE
Unplanned Maintenance
Reactive Planned Maintenance
Preventative and Predictive Maintenance
Schedule Compliance
Plant Availability
Maintenance Overtime
Annual Inventory Turns
Expedited Parts and Materials
Time on Tools
.85 or greater
less than 10% delinquent
less than 5%
less than 5%
less than 5%
less than 2 annually
less than 3%
greater than 85%
less than 5%
less than 20%
greater than 70%
greater than 90%
greater than 97%
less than 15%
greater than 2
less than 10%
55% or greater
10% - 35% improvement
10% - 20% improvement
10% - 18% improvement
5% - 15% improvement
10% - 50% reduction
10% - 25% improvement
5% - 50% reduction
2% - 12% improvement
10% - 25% reduction
5% - 35% reduction
10% - 40% improvement
18% - 45% improvement
3% - 15% improvement
5% - 65% reduction
15% - 35% improvement
20% - 50% reduction
10% - 35% improvement