Compare & contract
13 September 2012
Benchmarking against organisations in other sectors can have valuable - and surprising - results. Ray Carter shows how one company used this approach to improve its processes
How can purchasing demonstrate its strategic value to a business? This was the dilemma that recently faced one of our clients, a major company in the energy sector. Delta, as we will call this client, wanted to know how its procurement and contracting business was performing and what, if anything, needed to be done to improve results in this area. We persuaded the...