Benchmarking Is Key at Teleflex

William Stamper, an accounts payable manager at Teleflex, Inc. headquartered in Durham, NC, is a big believer in benchmarking. "We like to know where we are, see where we are going, and plan for what we want to achieve in the future," says Stamper.  Through the use of technology and working closely with the IT Department, Teleflex has developed reporting and modified processes that have allowed it to maintain its operating costs for the last several years. Overtime has been completely…