Industrial Benchmarking through Information Visualization and Data Envelopment Analysis: A New Framework

November 3, 2017
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The proposed analysis framework.
The proposed analysis framework.

We present a benchmarking study on the companies in the Turkish food industry based on their financial data. Our aim is to develop a comprehensive benchmarking framework using Data Envelopment Analysis (DEA) and information visualization. Besides DEA, a traditional tool for financial benchmarking based on financial ratios is also incorporated. The consistency/inconsistency between the two methodologies is investigated using information visualization tools. In addition, k-means clustering, a fundamental method from machine learning, is applied to understand the relationship between k-means clustering and DEA.

Ertek G., Sevinç, M., Ulus, F., Köse, Ö., Şahin, G. (2014) “Industrial Benchmarking through Information Visualization and Data Envelopment Analysis: A New Framework”, in I. Osman, A.L. Anouze and A. Emrouznejad (eds.) Strategic Performance Management and Measurement Using Data Envelopment Analysis, DOI: 10.4018/978-1-4666-4474-8, ISBN13: 9781466644748, IGI_Global (In Press).

Note: This is the final draft version of this paper. Please cite this paper (or this final draft) as above.

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