Any MedTech (medical device and diagnostics manufacturers) company with its manufacturing sites.
Any time – just reach out to us.
The benchmarking can be completed in 6-8 weeks. However, this depends heavily on two factors: (1) Commitment from the site(s) and (2) data availability.
Yes. The goal is not to provide all data points in the questionnaire. However, we ask for a sufficient amount to compare you to your peers. We support you with guidance on how to calculate KPIs.
We have two means to create a meaningful comparison:
(1) We create peer groups with common contextual factors, such as product groups, no opaque adjustments or algorithms. At the same time, we ensure that the peer group is large enough.
(2) We compare you with realistic, overall high-performers. The advantage is, high-performer values are actually achievable and prevent single-metric-misinterpretation (the best in one KPI may be the worst in ten other ones). Thus, the comparison to your peers accounts for trade-offs.
You are unique. Together, we discuss and find a suitable peer group at the beginning. We do not find the exact same ‘apple’ as you are, but we guarantee a reasonable apple-to-apple comparison. In addition, we make peer group characteristics transparent in the report. Thereby, results and discussions can be set into context.
This is no problem as we distinguish between product groups. We ask for KPIs per product group separately even within the same manufacturing site.
Your data is handled confidentially (NDA/CDA can be signed) and you retain full control over your data. The database is stored on Swiss servers and access is limited exclusively to the St.Gallen team.
No. Data and participation is confidential and anonymous. Data shown in the report is aggregated and anonymized, which makes it impossible to trace back. Your peer group will be described with contextual factors but no names will be stated.
We estimate one FTE week of effort for one manufacturing site. Costs depend on number of manufacturing sites and how many product groups are manufactured per site. Please reach out to us to learn more.