Facility Benchmarking – Facility benchmarking is a process of evaluating and comparing the performance of a facility against other similar facilities to determine how it can be improved. It involves comparing a facility’s performance metrics such as cost efficiency, utilization rate, energy consumption, and safety compliance to industry-wide standards and best practices. By doing so, facility managers can identify areas for improvement and devise strategies for achieving peak performance. Through this approach, facilities management teams can gain valuable insights into their organization’s operations, giving them the information they need to make smart decisions and deliver optimal results.