Key Product Development Benchmarks at a Glance: Petroleum/Chemical Industry

 

Details

Including data from APQC’s Open Standards Benchmarking in product development, this article highlights product development benchmarks for organizations in the petroleum/chemical industry.

Metrics provided include:

  • total cost to develop and manage products and services,
  • percentage of revenue from products launched in the past year,
  • percentage of new product/service development projects launched on time, and more.

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