How to measure performance of Procurement department

Description

The role of procurement is changing and procurement is more involved in helping with financial ratios like cash flow.

Identifying the key performance indicators helps to keep track of things that matter, while at the same time exploring new opportunities where procurement can add value.

This presentation is not an exhaustive list, but an attempt to capture most commonly used Key performance indicators for Procurement(operational procurement and sourcing) function.

 
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