Key Procurement Benchmarks at a Glance: Petroleum/Chemical Industry

Published On:
July 10, 2019
Authored By:
APQC
Member Only Content:
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Prepared using data from APQC’s Open Standards Benchmarking in procurement, this table highlights procurement benchmarks for organizations in the petroleum/chemical industry.

Metrics provided include:

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