Auditing and Benchmarking

How do you assess how effective your company processes and systems are?  Often there are international standards against which companies can be assessed, eg ISO9000.

In terms of maintenance management there is no defined standard.  There is only PAS 55 for asset management. 

The AMIS audit is designed to be a facilitated assessment utilising a cross functional team from the company.  The audit process is designed to assess and provide scores for the key management areas.  The audit provides a series of measures against best practice, and forms the starting point for making improvements and tracking progress.

What is benchmarking?

Benchmarking is the process of comparing actions, processes, methods, systems between different companies.  Benchmarking is a generic process that can be used for management process.  However it is often used to compare financial measures – production and maintenance

Using AMIS audit and Benchmarking together

The scores generated from an AMIS audit can be used for benchmarking purposes, and the AMIS database enables this.  Within AMIS there are several performance ratios, including financial that can be used for benchmarking purposes.  You often need to use both for an improvement programme and regular tracking.

Benchmarking provides numbers
Auditing provides comparison against best practice.