Lean Enterprises Leaning on Lean Purchasing Depts.
Benchmarking firm finds top companies fielding fewer than one procurement official for every 1,000 total employees
Benchmarking firm finds top companies fielding fewer than one procurement official for every 1,000 total employees
- Top-performing procurement departments run their organization with fewer than one procurement official for every 1,000 total company employees. These lean organizations also demonstrate superior on-time delivery, lead time and other supply chain performance measures, indicating streamlined and automated systems that eliminate department waste, lower costs, and deliver outstanding customer service.
- Top-performing procurement departments support the realization of more than $150 million in revenue per procurement employee. Coupled with minimized supply chain costs, these organizations are having a profound impact on corporate profitability and shareholder value.
- Profiled companies claim purchasing savings of up to 25 percent off retail/un-discounted prices through diligent negotiation (not including volume discounts or similar reductions offered to each customer).
