Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
6th Edition
ISBN: 9781285869681
Author: Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher: Cengage Learning
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Chapter 19, Problem 4DQ
Summary Introduction

To determine: Types of Performance Benchmarking and the type which is most commonly used by purchasing function.

Performance benchmarking is the practice of comparing the standards, service, process, performance and practices of a firm with the best in the industry.

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