Key Procurement Benchmarks at a Glance: Cross Industry

 

Details

Featuring data from APQC's Benchmarks on Demand tool, this article highlights important procurement benchmarks for organizations.

Metrics provided include:

  • total cost to perform the procurement process,
  • average supplier lead time,
  • percentage of purchase orders approved electronically, and more.

Comments (2)

Hi Seena, Thanks for your

Hi Seena,

Thanks for your comment. The Benchmarks at a glance report is member only. APQC's Procurement Tune-Up Diagnostic  also provides procurement benchmarks and metrics that offer a diagnostic for organizations  looking to examine  - total procurement cycle cost, purchase orders processed per FTE, number of procurement cycle FTEs, and purchase order cycle time - to ensure that their practices will keep running ahead of the competition.

Thanks,

Andrea

Dear Team, I am not a member

Dear Team, I am not a member of APQC, in this case please advise how do I access 'procurement at a glance' report. As currently I am not able to assess the quality of the report. So it will be great if i can access a sample of it. Appreciate your response to my request. Kind Regards, Seena

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