In late 2020, APQC collected industry-specific procurement information for the petroleum/chemical industry. An online survey was administered to procurement executives, directors, and managers from 35 screened organizations. Respondents were permitted to provide answers for a segment of the business or the enterprise level. APQC performed logical and statistical validation to ensure the validity of this data.
This report focuses on the data collected from petroleum/chemical organizations globally. It includes purchasing data related to direct and indirect purchases and cost savings obtained, as well as allocations by category of spend.