Suggested Articles
IACCM Member Update Call - May 2010
IACCM Thought Leadership Call - Re...
IACCM Thought Leadership - IT Hard...
IACCM Research & Thought-leadershi...
IACCM Research & Thought-leadershi...
IACCM Research & Thought-leadershi...
IACCM Research & Thought-leadershi...
IACCM Research & Thought-leadership; Benchmarking
In this IACCM Thought Leadership webinar, IACCM's CEO, Tim Cummins, discusses how benchmarks can be used at three quite distinct levels – to drive general improvement relative to past performance, check competitiveness by comparison with others, and achieve transformation by setting a vision or goal and benchmarking progress towards it.
IACCM research shows that many of today's benchmarking clauses are in the contract due to habit, rather than with any specific purpose. Frequently they have little correlation to key performance indicators or business priorities; typically, they are designed to provide leverage over the supplier, rather than being a statement of shared goals and value.
Benchmarking today is often ineffective and just another source of contention. Yet used properly, it could be so different. A shared benchmark could provide the basis for joint working and problem solving. Benchmarks that focus on achievable data can provide an objective insight to performance. For high quality suppliers, they can illustrate the benefits of their offerings or services relative to competition.
Join us for this one-hour webinar to learn practical approaches to applying benchmarks in your contracting process.
Access to this content is available to members only. If you are
already a member please sign in at the top left of the page, otherwise please register below.
Note: fields marked * are required
Latest items added to the library
MOD Defence Contracts Online (MOD DCO) is the only online source that publishes all the contracts for the MOD. MOD DCO provides a gateway for companies like yours seeking to compete for defence for defence business and gives you access to new tend...
Procurement Drives Bottom Line IBM chose its annual Smarter Commerce Global Summit in Nashville this week to unveil the results of a study that says companies with high-performing procurement organizations drive better bottom-line results.
As a result of the SEC's new conflict minerals rule, each reporting company is now required to disclose its use of any conflict minerals that are necessary to the functionality or production of a product that it manufactures or contracts to be...

Most popular
Procurement and Contract Strategies

