functional benchmarking

Functional benchmarking - a company will focus its benchmarking on a single function to improve the operation of that particular function.

He established and directs our functional benchmarking service, FBMS.

Industry or Functional Benchmarking is comparison of aspects of organizations who may have the same products or services but who may not directly compete in the same market.

Functional Benchmarking - Functional benchmarking is the comparison of similar processes carried out by a company against the same processes of non-competing companies, which may even be involved in a totally different industry.