Benchmarking Procurement: Measures for Survival

by Allan Robertson

This practical book will help organisations and purchasing professionals improve the effectiveness and efficiency of business operations, which for all 21st century businesses is an economic necessity. Benchmarking or process measurement - the process for assessing effectiveness, is at the heart of any business activity. Benchmarking has an extraordinary impact on corporate finances and operational performance. Benchmarking Procurement emphasises the need for business leaders to look much more closely at their operational management processes and how they set strategic objectives. The benchmarking process is not about producing comparisons with other organisations, as many believe, it is in fact a quality management programme which allows management to measure the efficiency and contribution from all sectors of the business and to continually improve performance. The book includes Questionnaires and Benchmark inventory management examples, which the reader will find particularly helpful.

220 pages, Paperback

First published May 25, 2001