Industrial performance assessment through the application of a benchmarking and monitoring system

Abstract

The purpose of this paper is to describe a multiple criteria benchmarking and monitoring system for assessing the performance of industrial sectors. The referred system was designed for comparing and monitoring companies’ performance against market requirements. As an illustration, data collected during a three-year period for a specific local productive arrangement of Ceará, Brazil are showcased. The findings indicate the opportunities and needs for collective strategic actions by the companies and sectors in order to promote local development.