The APQC Blog
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Using Software Tools to Improve Inventory Accuracy
Inventory management is important to many organizations, and finding new ways to improve inventory accuracy can save an organization a lot of money over time. This post will look at data for inventory accuracy. The data presented is taken from APQC’s Open Standards Benchmarking in logistics, and…
Local Knowledge Management Communities for Face-to-Face Sharing
Smoke signals, carrier pigeons, Dilbert-style meetings, web meetings, virtual worlds, mobile, face-to-face meetings. It would seem that what once was old is new again. More precisely, I should say that the desire to connect with kindred spirits seems never to have waned. What do I base this upon?…
Making Process Change Management Stick
Change is hard…and most people don’t like change. So, APQC, being APQC, is going to look at how we can make process change stick. Later on this year, we will be launching a study currently titled, “Making Process Change Management Stick.” We want to examine and share with others…
Benchmark Your Recruiting Practice
HR benchmarking metrics are growing in popularity, but they’re typically expensive and difficult to get. You can gain a lot of insight from this information though. Benchmarking helps organizations understand where they stand compared to others in their industry. This information can allow them to…
Despite Barriers, Finance Orgs Get Buy-In from Suppliers Resistant to E-Invoicing and AP Automation
Automation of invoice processing, especially when electronic invoicing (e-invoicing) via EDI—a supplier portal—or network is involved, can save an organization 60 to 80 percent of its AP processing costs compared to its paper-laden predecessor. But less than a quarter of respondents to a recent…
Knowledge Management Tools for Expertise Location
As many of you know, APQC held its 18th (!!) Annual Knowledge Management Conference in Houston last week. This is my sixth conference, and it’s always one of my favorite weeks of the year—getting to hear what’s going on in people’s KM programs, what challenges they’re facing, and all the success…
Overcome Resistance to Process Change
In 2005, Antony Savvas wrote a blog post called Resistance to Business Process Management: Gaining Buy-In. He discussed in his ComputerWeekly.com article that human nature plays a critical part in successfully implementing business process management (BPM). He noted that organizations believe…
The Leadership Skills Disconnect from the Employee Perspective
Michael Kirsten, a B2B content strategist of Kelly Services, in collaboration with APQC discussed the survey results of the Kelly Global Workforce Index-The Leadership Disconnect on Wednesday, May 8th. This survey examines the issue of leadership in the contemporary workplace from the employee…
A Blueprint for Purchasing and Procurement Success
APQC has updated its popular report on procurement benchmarks and improved procurement processes. APQC’s Blueprint for Success: Procurement (Second Edition) now features new company examples and updated data on procurement performance metrics. Some of the measures highlighted in the report are…
Fewer FTEs Mean More Temp Workers for Finance and Accounting
In the ever-tightening market for skilled finance professionals, organizations have to compete for skillful, experienced candidates. With little name recognition and a lack of branding possessed by companies like IBM, smaller finance organizations are left behind in the competition for the…