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www.capsresearch.org
FOR IMMEDIATE RELEASE
Industry Benchmarking
Petroleum Industry Benchmarking Metric Report 2011
(TEMPE, Arizona) October 10, 2011 — CAPS Research publishes the 2011 edition
of the Petroleum Industry Benchmarking Metric Report. This report includes key supply
management performance measures that focus on organizational structures, functional
assignments (e.g., strategic sourcing, transactional purchasing, etc.), supply management
operating expenses, cost savings investment recovery benefits, and value creation.
Supplier-related metrics indicate that only 30% of the suppliers reported an increase
in their numbers of suppliers. One-half (50%) reported fewer suppliers than when
the report was last published in 2010. Overall, the report shows that industry participants,
on average, reported an 8% reduction in the total numbers of suppliers during the
past year. In addition to the overall industry report, breakout reports are provided
for Integrated, Upstream, Downstream, and Midstream operations.
The complimentary Petroleum Industry Benchmarking Metric Report 2011 is available on the CAPS Research public website
www.capsresearch.org.
First time visitors will be prompted to
register
to access the benchmarking reports. For more information about this benchmarking report or other
benchmarking reports, contact CAPS Research at
metrics@capsresearch.org.
Celebrating our 25th Anniversary, 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, the Institute for Supply
Management™, and Global 1000/Fortune 500-size organizations.
Media Contact:
Debbie Maciejewski
Marketing Manager
CAPS Research
800-888-6276 extension 3046
Email:
dmaciejewski@capsresearch.org
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