Belgian manufacturers boost efficiency and productivity using innovative benchmarking method.
The article discusses how a method called Data Envelopment Analysis (DEA) can be used to compare the performance of logistics in Belgian manufacturing companies. DEA helps to measure how efficiently companies are using their resources to produce goods and services. By analyzing data from 80 companies, the researchers found ways to identify best practices and improve efficiency in small and medium-sized enterprises (SMEs). The goal is to help companies understand how they can perform better and increase productivity.