Benchmarking Internal Supply Chain Performance: A Study of Selected Companies in Paint Industry

In global scenario, many organizations own supply chains, which operate in different countries. The performance of these supply chains, owned by the same organization must be same if they operate in countries with similar economic, political, and social conditions. In this paper, an effort has been made to propose a methodology for the internal financial benchmarking to reduce the variability in performance among supply chain of same firm. The proposed methodology of internal benchmarking for assessment of supply chain performance is demonstrated through three companies from Paint Industry. Three listed (Public limited) firms from the Paint industry selected for the benchmarking study and Asian Paints (India) Ltd, Berger Paints and Jenson & Nicholson Ltd. The relevant financial data for the last five financial years (2005–2009) for the above companies were collected. The electronic database Capital Line and Business Beacon were used to collect data. The Data was analyzed by applying statistical test ANOVA: Tw o way classification. An extensive use of ANOVA is used for good diagnosis of supply chains.