Average Cost Savings
Cost savings is a powerful KPI for demonstrating the value of supply management (SM) to the business. On average, 22.3% of SM employees are in a strategic sourcing role, each delivering $6.5 million in total savings. How does your company compare?
Members can access The Metrics of Supply Management: A Cross-Industry Report 2022 in the CAPS Library now. Anyone can reference the 2014 Metrics of Supply Management and industry breakouts with a free CAPS account.
Supply management professionals from member and non-member companies can participate in benchmarking surveys and get metric reports in return.