Industry Benchmark Reference for SG&A Expenses as a Percentage of Net Sales
A U.S. distribution company with annual sales of approximately $200 million, 700 employees, and 3,000 SKUs, during the implementation of a 'lean' initiative, needs industry benchmarks for SG&A expenses as a percentage of net sales for IT, marketing, finance, and human resources. Although simplified comparisons have limitations, the company aims to gather as many data sources as possible to support internal reporting.
Currently, our company is undergoing a "streamlining" assessment and needs to update benchmark data on the ratio of spending on functions such as IT, marketing, finance, and human resources to net sales. Although this simplified comparison has certain limitations, when reporting to the team, we hope to reference as many different sources as possible as a basis.
We are a U.S. distribution company with annual sales of approximately $200 million, 700 employees, using the JD Edwards ERP system, and managing about 3,000 SKUs. If you have relevant experience or can recommend reliable data resources, we would greatly appreciate it.