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» Products & Services » » Business Operations » Supply Chain Management » Procurement » Metrics

Procurement Card Programs and eProcurement Systems

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ID: 4932


Features:

Metrics, Graphics


Pages/Slides: 40


Published: Pre-2020


Delivery Format: Online PDF Document


 

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"Procurement Card Programs and eProcurement Systems"



STUDY OVERVIEW
Procurement leaders must continually strive to cut costs and creatively manage their procurement operations to trim inefficiencies from their supply chain operations. In response to this objective, insights relating to current procurement card programs, utilization rates and eProcurement software applications captured in this study will inform procurement departments about general trends in the marketplace as well as specific practices being tested out. Process, sourcing, purchasing, supply chain and procurement executives across industries will greatly value the findings and penetrating metrics captured in this study.

KEY TOPICS

  • Procurement Card Types
  • Procurement Card Spend Levels
  • Procurement Card Purchase Types
  • Procurement Card Usage Policies
  • eProcurement Software
  • eProcurement Purchase Types and Spend Levels

KEY METRICS
  • Percentage of procurement cards per total FTEs
  • 2005 spend via procurement cards
  • Average single procurement card transaction amount
  • Permissible types of procurement card purchases
  • Utilization of procurement card data in vendor negotiations
  • eProcurement software types
  • eProcurement software usage by FTE segment
  • eProcurement purchase types
  • 2005 dollar spend via eProcurement

KEY FINDINGS
  • 27% of participants' total FTEs have access to P-cards.
  • 65% of the benchmark class reported that <5% of all goods and services were purchased via P-cards for 2005.
  • Slightly more than a quarter of the class reported using eProcurement software to secure vendor discounts.

METHODOLOGY
This study was conducted on behalf of a member of Best Practices, LLC's Global Benchmarking Council. The results were compiled from an analysis of survey responses from twenty companies representing more than ten industries.

Industries Profiled:
Medical Device; Energy; Health Care; Pharmaceutical; Manufacturing; Electronics; Telecommunications


Companies Profiled:
Becton Dickinson; CenterPoint Energy; GE Healthcare; Honeywell; Sonoco; Teradyne

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