Key Manufacturing Benchmarks: Petroleum/Chemical Industry

Published On:
January 14, 2021
Authored By:
APQC
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Prepared using data from APQC’s Open Standards Benchmarking (OSB) data in Manufacturing, this article provides median values for selected key performance indicators (specific to the petroleum/chemical industry). Organizations can use this information to gain insight into the efficiency and effectiveness of their manufacturing processes.

Metrics provided include:

  • total cost to manufacture,
  • manufacturing cycle time,
  • unplanned machine downtime, and more.