---
title: "Benchmarking Procurement Performance: Lessons From 1.4 Trillion in Spend"
description: Discover how benchmarking procurement performance against external peers can uncover hidden value and enhance decision-making in your organization. Download the insights from 1.4 trillion in spend.
image: https://resources.artofprocurement.com/hubfs/Sievo%20Mini%20Brief%20(1).png
---

[![Art of Procurement](https://resources.artofprocurement.com/hubfs/Art_of_Procurement_December2019/images/AOP-Blue-Logo-Cropped.png) ![Art of Procurement](https://resources.artofprocurement.com/hubfs/Art_of_Procurement_December2019/images/AOP-Full-Logo-Blue-No-Background.png) ](https://artofprocurement.com)

**Free Download**

**Benchmarking Procurement Performance: Lessons From 1.4 Trillion in Spend   
**

Most procurement leaders have a strong sense of how their organization is performing, but internal data alone rarely tells the full story. That ‘full story’ is exactly what procurement needs in order to enable the business to make the best possible decisions.

To do this, procurement has to do more than measure their performance; they also have to understand how that performance compares against the wider market. Without an external benchmark, assumptions about maturity, savings potential, and supplier strategy often go untested, leaving meaningful opportunities hidden in plain sight.

This executive briefing, based on insights from Sievo and their analysis of 1.4 trillion dollars in spend, explores how large-scale benchmarking is reshaping how procurement evaluates performance and identifies new sources of value.

Download your free copy to learn:

- Why mature procurement organizations still leave significant value on the table
- How benchmarking against external peers reveals hidden opportunities
- How AI is shifting spend analytics from reporting to real-time decision support
- Why anchoring spend to revenue changes how procurement communicates impact 

 **Enter your contact details below to download this whitepaper.**

![Sievo Mini Brief (1)](https://resources.artofprocurement.com/hs-fs/hubfs/Sievo%20Mini%20Brief%20(1).png?width=1200&height=627&name=Sievo%20Mini%20Brief%20(1).png "Sievo Mini Brief (1)")

© 2015 - 2026 Procure Change LLC

```json
{
  "@context" : "https://schema.org",
  "@id" : "https://artofprocurement.com/#org",
  "@type" : "NewsMediaOrganization",
  "knowsAbout" : [ "procurement leadership", "procurement strategy", "procurement transformation", "procurement operating models", "procurement technology", "AI in procurement" ],
  "logo" : {
    "@type" : "ImageObject",
    "url" : "https://artofprocurement.com/hs-fs/hubfs/AOP-Full-Logo-Blue-No-Background-2.png"
  },
  "name" : "Art of Procurement",
  "sameAs" : [ "https://www.linkedin.com/company/art-of-procurement/", "https://www.youtube.com/c/ArtofProcurement" ],
  "url" : "https://artofprocurement.com/"
}
```

```json
{
  "@context" : "https://schema.org",
  "@id" : "https://artofprocurement.com/#website",
  "@type" : "WebSite",
  "inLanguage" : "en",
  "name" : "Art of Procurement",
  "publisher" : {
    "@id" : "https://artofprocurement.com/#org"
  },
  "url" : "https://artofprocurement.com/"
}
```