Direct and Indirect Procurement Costs: Petroleum/Chemical Industry

Published On:
March 05, 2021
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Member Only Content:

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.