CAPS Research has published its Petroleum Industry Benchmarking Metric Report 2010. Key supply management performance measures included in this report focus on organizational structures, information on percentages of supply management professionals assigned different functional responsibilities (e.g., strategic sourcing, transactional purchasing, etc.), training spend, supply management operating expenses, cost reduction and avoidance, and value creation. Supplier-related metrics show a 4 percent decrease in the overall supplier base during the reporting period. About 55 percent of the participants reported a decrease in the numbers of their suppliers and 27 percent reported an increase. The remainder reported no change to their supplier base. In addition to the overall industry report, breakout reports are provided for integrated, upstream, and downstream operations.
The Petroleum Industry Benchmarking Metric Report 2010 is available on the CAPS Research public Web site www.capsresearch.org. First-time visitors will be prompted to register to access the benchmarking reports. For more information about this benchmarking report or other benchmarking reports, contact CAPS Research at firstname.lastname@example.org.
CAPS Research is a non-profit research organization founded in 1986 to provide leading research to our strategic-minded corporate sponsors and to the public. Its mission is to work in partnership with a global network of executives and academics for the discovery and dissemination of strategic supply management knowledge and best practices. CAPS Research is jointly sponsored by the W.P. Carey School of Business at Arizona State University, the Institute for Supply Management and Global 1000/Fortune 500-size organizations.