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ROI CalculatorBenchmarking is a structured way to compare your quality performance and processes against best-in-class organizations to identify gaps and set improvement targets. ASQ defines it as measuring products, services, and processes against leaders. NIST similarly frames benchmarking as identifying best practice processes and results inside or outside your industry.
In an ISO 9001 context, benchmarking supports performance evaluation by strengthening how you analyze and evaluate quality data to drive improvement.
Example: Compare CAPA closure time, repeat deviation rate, right-first-time, or supplier defect ppm to peer benchmarks, then standardize the methods that outperform.