Asked on 1 February
Background: Currently, the only measure against which my departments performance is monitored is purchase price variance (against budget rather than last price paid). In reality, this is only measuring our ability to estimate market price movements as opposed to the value we bring to the business. I am looking to introduce an additional measure to help demonstrate our value. Please provide your perspective to the question below.
Could you please share any simple to quantify but effective measure that their business values as a way of demonstrating their performance?
Topic: Procurement Performance
A forum dedicated to addressing members’ procurement strategy development and general operations questions in areas such as procurement policies and codes of conduct, e-procurement, and key performance indicators (KPIs). For category strategy questions, please visit one of our Category Management forums. For questions around talent management and procurement organizational structure, please visit our Organizing and Managing Talent Forum.
Go to the CEB Procurement Leadership Council Website
4564 Replies to 626 Questions3643 Members
Vishnu Kumar Research Associate
Your email, , has been unsubscribed from the forum.
Thank you for voting. Feel free to provide a more detailed response or any additional
votes (if applicable) on the question page.