New Resources:
Benchmarking: Cross-Industry Summary Report 2008
The Summary Report for the Cross-Industry Report of Standard Benchmarks provides a more detailed look at key performance indicators than the cross-industry metric report published in May 2008. The summary report provides a comparative look at the year-over-year cross-industry reports published in 2005, 2006, 2007 and 2008. This year's summary report also includes a list of the different industry classifications being used by CAPS Research, and a broad definition of each industry classification.

Click here to access the resource information page at Knowledge Central associated with this benchmarking report. CAPS Research sponsors with established user profiles may click 'login to view document' to access the report. Note: The Cross-Industry Summary Report is also available at the CAPS Research public web site. Click here to access "Cross-Industry Summary Report 2008".

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Benchmarking: 2008 Engineering/Construction Industry Equipment Material Procurement Performance Report
One process to determine the efficiencies in a sequence of activities from start to finish is found in cycle-time measurements. The companies participating in the engineering/construction industry survey were asked to provide the top three cycle-time metrics used to measure procurement efficiencies. The end result? About two-thirds of the participants reported 'on-time delivery' as the most important measure, followed closely by 'RFP/RFP to purchase order' award cycle. Also new to this industry report is information about the top quality metrics used to measure supplier/subcontractor performance, and the percent of organizations who track the procurement cycle time for items of low value. This year's report also looks at other key supply management performance measures including organizational structures, schedule compliance, and professional development.

Click here to access the resource information page at Knowledge Central associated with this engineering/construction industry benchmarking report. CAPS Research sponsors with established user profiles may click 'login to view document' to access the report. Note: this report will be posted to the CAPS Research public web site September 1, 2008.

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CPO Insights: Defining, Calculating and Targeting Procurement Savings for Total Spend
Most organizations use the broad definition of spend as being "all goods and services purchased from suppliers during the reporting period". Procurement savings components such as cost avoidance and cost reduction may be calculated distinctively at organizations to reach different goals. Read what our CPO community has to say regarding how their procurement organizations document and report "procurement savings" and who is responsible for spend not under the control of procurement.

Click here to access the resource information page at Knowledge Central associated with this edition of CPO Insights. CAPS Research sponsors with established user profiles may click 'login to view document' to access the CPO responses.

For more information on how to gain full access to this document and other Knowledge Central resources, see Establishing Sponsor Login.

Not a CAPS Research Sponsor? To learn more about the benefits of becoming a CAPS Research Sponsor, click here.

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Benchmarking in Progress:
Data collection for the Industrial Manufacturing and Petroleum Industries continues this month along with the Office Supplies Market Basket and a focused survey on Automotive Parts Manufacturing. If you did not receive an email with your participant log-in information but would like to take part in any of these benchmarking industry surveys, contact us at: metrics@capsresearch.org.

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Note:
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Sincerely,
Phillip Carter, D.B.A.
Executive Director
CAPS Research

CAPS Research is a global research organization jointly sponsored by the W. P. Carey School of Business at Arizona State University, and the Institute for Supply Management™.