Procurement Category Management: Faster Purchase Order Cycle Time | SupplyChainBrain

Procurement Category Management: Faster Purchase Order Cycle Time

August 2, 2011

Apqc 19

APQC's Open Standards Benchmarking results show that organizations that have initiated category management programs in procurement show significantly improved lead times with suppliers. They also experience much better cycle time in processing purchase orders.

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Photo: iStock/Anastasiia Yanishevska

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