APQC’s latest supply chain content allows you to compare your organization’s procurement performance with that of other companies in your industry. Our Key Procurement Benchmarks collection highlights the performance of organizations in the consumer products/packaged goods, electronics, industrial products, petroleum/chemical, and retail and wholesale industries.
These benchmarks were prepared using data from APQC’s Open Standards Benchmarking in procurement, and feature a variety of measures, including:
- total cost to perform the procurement process,
- number of FTEs needed for the procurement process,
- average supplier lead time,
- cycle time to place a purchase order,
- percentage of purchase orders approved electronically,
- and more.
Don't see your industry in the collection? Leave us a comment to let us know which industries we should add.
APQC’s Key Procurement Benchmarks collection is available at no cost to APQC members.