A Global Research Center for Strategic Supply Management

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FOR IMMEDIATE RELEASE

Metals and Mining Industry Benchmarking

(TEMPE, Arizona) December 10, 2009 — The 2009 Metals and Mining Industry Benchmarking Metric Report contains key supply management performance measures on topics including organizational structure, professional development, financial information and supplier relationships and alliances.

A few key metrics:

  • It's interesting to note the reversal in the average percent of supply management organizational recruiting: 71 percent internal and 29 percent external in this report, and 27 percent internal, 73 percent external, in the 2007 report. The average percent of external recruiting that was word-of-mouth was 50 percent in this report and only 1 percent in the 2007 report.
  • 71 percent of organizations reported that training spend decreased over the last 2 years vs. 25 percent in the 2007 report.
  • On average 22 percent of total spend was reported for capital equipment and 1 percent total repair warranty dollars were recovered as a percent of capital equipment spend.
  • 43 percent of participating supply management organizations are engaged in hedging the purchase of commodities or products.
  • 43 percent of organizations reported participating in strategic alliances vs. 77 percent in the 2007 report.
  • 57 percent of participating organizations have dedicated staff for their asset disposable programs.

To view the full report, visit the CAPS Research website and login at: http://www.capsresearch.org/publications/pdfs-protected/MiningMetals2009Metric.pdf.

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CAPS Research is a nonprofit research organization founded in 1986 to provide leading research to our strategic-minded corporate sponsors and to the public. Our mission is to work in partnership with a global network of executives and academics for the discovery and dissemination of strategic supply management knowledge and best practices. CAPS Research is jointly sponsored by the W. P. Carey School of Business at Arizona State University, and the Institute for Supply Management™ and Global 1000/Fortune 500-size organizations.

Media Contact:
Clare Donnalley
Marketing Manager
CAPS Research
Voice: 800/888-6276 extension 3007
cdonnalley@capsresearch.org

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