Sectors
Benchmarking
Discover BenchSmart
The Benchmarking tool designed by Quantum to enhance the performance of natural gas distributors by comparing them at local and international levels.
Optimizing Public Services: The Power of Benchmarking in Latin America
Comparative efficiency studies (Benchmarking) provide valuable information to companies, investors, users, and regulators. Their main goal is to estimate cost efficiency, both globally and by processes, of companies within a specific industry. To achieve this, mathematical and econometric techniques are employed to estimate the efficiency frontiers of the industry. Additionally, this analysis is complemented by calculating a wide range of relevant indicators to define improvement goals in various areas of the company.
Quantum has a robust international database that includes companies from across Latin America in the public utilities sector (Natural Gas, Electricity, and Water).
This facilitates comparison and analysis over different periods of time. To assess performance and set improvement goals in productivity, comparison with other companies with similar characteristics is often used.
Benchmarking is a fundamental tool in this process, as it allows for the definition and calculation of performance, cost, and financial indicators through the use of visualization tools such as PowerBi, which help identify and evaluate the relative efficiency of each company in the database sample.
What we do
- Call for companies to participate in the study
- Preparation and homogenization of the database
- Definition and Calculation of KPIs
- Estimation of Stochastic and Deterministic Frontiers
- Analysis of the impact of variables/indicators on efficiency
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