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.

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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  

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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

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