benchmark

a standard by which something is measured

STATISTICS

IN THE PRESS

The results obtained from this study may provide institutions the BENCHMARK data they need to objectively evaluate their engineering technology (ET) teachers in the area of scholarship, and to set a reasonable level of expectation for their scholarly productivity…

(adapted from the Journal of Engineering Technology)

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The great Indian earthquake of 2001 is a BENCHMARK for geologists seeking to understand how they happen.

(Natural History Magazine)

Did you
know?

benchmark (sometimes written bench mark)
noun

- a level of quality which can be used as a standard when comparing other things

verb

- to measure the quality of something by comparing it with something else of an accepted standard

(Cambridge Advanced Learner's Dictionary)

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WORD ORIGIN
The term benchmark originates from the chiselled horizontal marks that surveyors made, into which an angle iron could be placed to bracket - or bench - a levelling rod, thus ensuring that the rod can be repositioned in exactly the same place in the future. These marks are then used as starting points by subsequent surveyors and other users to establish the elevation of nearby points.

Benchmarking has meanwhile become an integral part of business management and is sometimes referred to as "best practice benchmarking" or "process benchmarking". Organisations rely on benchmarking to evaluate various aspects of their business processes in relation to best practices, usually within their own sector. This allows them to develop plans on how to adopt such best practices with the aim of increasing certain areas of performance.

Benchmarking may be a one-off event, but is frequently treated as a continuous process in which organisations continually seek improvement.

(Wikipedia, The Free Dictionary)

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IMPRESS YOUR FRIENDS TODAY
say something like:

"Our success is directly linked to our logistics system, which has long been an industry benchmark.”

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