Percentage of total value of purchases allocated among the following purchase arrangement type: replenishment/vendor management inventory
This measure calculates the percentage of the total value of purchases that is allocated to the replenish/vendor management inventory purchase arrangement. This purchase arrangement consists of the vendor controls the inventory and replenishes it at a predetermined level. Within the "procure materials and services" process group, companies have to develop strategies for sourcing materials and services at the best costs. As part of a set of Supplemental Information measures, this measure helps companies evaluate additional variables not covered elsewhere for the "procure materials and services" process.
Benchmark Data
25th | Median | 75th |
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- | - | - |
Compute this Measure
Units for this measure are percent.
(Value of purchases placed by replenishment/vendor managed inventory / Value of all materials and services purchased) * 100.0
Key Terms
Supplemental Information
Supplemental information is data that APQC determines is relevant to decision support for a specific process, but does not fit into the other measure categories such as cost effectiveness, cycle time, or staff productivity.