Procurement Purchasing Profile: Pharmaceutical Industry, Procurement Practices Report

Published On:
May 08, 2023
Authored By:
APQC
Members-Only Content:

APQC conducts research on supply chain and procurement to help organizations assess the performance of their own processes and functions compared to their peers. This survey-based research gathers quantitative data as well as information on practices or performance drivers.

This report focuses on the current state of selected practices related to purchasing. It provides a pharmaceutical industry perspective on the value of materials and services purchased, sourcing origination, cost of procurement processes, full-time equivalent employees performing procurement processes, cycle time to issue purchase orders, and more.