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A Learning Session on Category Management

APQC’s Open Standards Benchmarking research has some interesting information on organizations with category management programs in procurement. For instance, did you know that at the median level, these organizations process nearly 100 percent more purchase orders per full-time equivalent employee than organizations that do not have category management programs?

Our data also show that these organizations have shorter lead times with suppliers and faster purchase order processing.

Organizations that have initiated category management programs show a median turnaround time of eight hours versus a median 72 hours for those organizations that have not initiated category management programs.

These and other APQC findings will be explored in detail at the upcoming knowledge transfer session for our Supplier Category Management: Driving Value Through the Procurement Organization study. This event will be held at APQC in Houston. Contact us today to become part of the study and attend this exciting session.