33 High Performance Materials & Procurement KPIs (PowerPoint PPTX)

We have compiled a list of Materials and Procurement KPIs which can be used across multiple industries. The KPIs are applicable across all levels of management.

What does this document cover –
•  Description of the KPI
•  KPI Name
•  KPI Formula
•  Unit of measurement
•  The direction in which the KPI trend should move
•  The recommended frequency of measurement

This PPT provides a comprehensive suite of KPIs designed to optimize your materials and procurement processes. Each KPI is meticulously defined with a clear formula, unit of measurement, and recommended frequency, ensuring you have the tools needed to drive performance improvements. The KPIs cover critical areas such as SAP compliance, reduction in non-moving inventory, and Bill of Materials stockouts, providing a holistic approach to managing procurement efficiency.

The focus on actionable metrics like PO/POA release pendency and completeness of price proposals ensures that your procurement operations are streamlined and transparent. By tracking these KPIs, you can identify bottlenecks and inefficiencies, enabling you to implement corrective measures promptly. This document is an indispensable resource for any organization looking to enhance its procurement strategy and achieve cost savings.

With detailed descriptions and practical formulas, this document serves as a valuable reference for C-level executives aiming to align their procurement activities with organizational goals. The emphasis on frequent measurement and trend analysis ensures that you can maintain a proactive approach to managing your materials and procurement functions. This is not just a set of KPIs; it's a roadmap to procurement excellence.