Top Procurement challenges for CPOs in 2016
Roland Berger released an new version of a bi-annual study “CPO Agenda” that I would recommend reading if you want to better understand the top Procurement challenges in your industry. It is a very …
Category: KPI
Catalog Enablement metrics – What Best in Class are achieving
You can segment Spend Content in 3 main buckets: Simple catalogs, Good & Services and Contract driven Content Simple Catalogs : Many small value transactions Lists of items with …
Best candidates for electronic Catalogues
Where to start is always the question, for those who are initiating their journey or for those who are on their way and working on continuous improvement. This post shall help you to …
Why Catalogue enablement is important
On average an organization/enterprise has: More than 3,000 indirect suppliers Not more than 250 catalogs available online through procurement application Not more than 50% of influenceable indirect spend under …
5 metrics to calculate your Savings performance
How do you calculate your savings performance? This is a recurring question and I found a nice thread on linkedin "Savings performance calculation".
6 critical metrics to cut-down TCO by 10-12%
Leveraging the article “Dashboard leads global procurement to success” from Purchasing.com, think about using those 6 obvious KPIs to generate 10-12% savings on appropriate direct commodities: Delivery lead time, …