Procurement Key Benchmarks

Last updated:
March 04, 2025
Authored By:
APQC
 
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Featuring data from APQC's Open Standards Benchmarking in Procurement, these articles highlight the median performance level on important procurement benchmarks for organizations.

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

Type:
Collections
Topics:
Supply Chain Management, Procurement, Purchasing, Sourcing
Industries:
Accounting, Aerospace, Architecture and Design, Association, Automotive, Broadcasting/Radio/TV/Cable/Media, Chemicals, Construction, Consumer Products/Packaged Goods, Distribution, Durable Goods, Electronics, Energy and Utility, Entertainment, Financial Services/Banking, Government/Military (Federal/State), Healthcare, Insurance, Legal Services, Machinery, Machinery Equipment, Mining, Petroleum/Oil/Gas, Pharmaceutical, Professional Services/Business Services, Retail/Catalog/Mail Order, Rubber & Plastics, Stone/Glass/Clay/Concrete, Telecommunication, Textile, Transportation/Freight Carriers, Wholesale Distribution
Tags:
Key performance indicators (KPIs)

Included in this Collection