Procurement Study Benchmarking

Our Procurement Process Spending and Staffing Benchmark study provides over 75 metrics across procurement practices in multiple industries throughout North America and Europe. These benchmarks allow organizations to evaluate their procurement spending and staffing levels with detailed insights.

For a more customized analysis, we can handle the benchmarking for you. By simply providing your procurement budget and staffing data, our analysts will leverage our proprietary tool, AvaMark, to generate benchmarks and deliver a comprehensive analysis. The deliverable will be a 70+ page report that benchmarks your procurement spending and staffing ratios in three key ways:

by comparing your data against all organizations in our extensive database
by benchmarking your performance against similarly-sized organizations
by evaluating your results within your specific industry sector

Our analysis includes insights into variations from benchmarks and recommendations for further investigation. Additionally, the service includes walkthrough by our analysts and advisors to discuss the findings and recommendations.

20+ Spending Metrics

15+ Operations Metrics

25+ Staffing Metrics

15+ Services Metrics

To receive a sample deliverable for this benchmarking service, please enter your contact details below, and we’ll email you a copy.

BENCHMARKING COVERAGE FOR PROCUREMENT SPENDING AND STAFFING ANALYSIS

Procurement Spending Benchmarks

Indirect spending as a % of revenue
Indirect spending as a % of SG&A
Procurement spending across functions (% split)
Procurement spending across spending categories (% split)

Procurement Staffing Benchmarks

Procurement FTEs as a % of total FTEs
Indirect procurement FTEs as a % of procurement FTEs
Indirect FTE across internal and external (% split)
Staffing across job functions (% split)

Procurement Operations Benchmarks

Managed indirect spend as a % of total indirect spend

Indirect purchase orders handled internally and externally (% split)

Contingency or temporary worker staff as a % of indirect procurement staff

Indirect spending per day

Procurement Services Benchmarks

Days payable outstanding

Purchase orders per indirect procurement staff member

% of indirect purchase orders per year processed by internal and external procurement personnel

Benefits of Procurement Budget Benchmarking

There are a variety of reasons that organizations use AvaMark to evaluate their procurement spending and staffing levels. For example:

To improve procurement operational performance through better understanding of how procurement costs and staff levels compare with those of other organizations.

To justify existing or proposed levels of procurement spending based on typical budgetary ratios in similar organizations.

To develop a business case for new procurement staff positions based on typical procurement staffing ratios for various functions

To evaluate the procurement spending and staffing characteristics of a potential corporate acquisition or investment target, as part of a due diligence exercise

Avasant also offers custom benchmarking studies for specific sectors or groups, allowing participants, including competitors, to benchmark their procurement spending and staffing levels without revealing their individual data. All information is confidential, and we only use it to create aggregated summary statistics.