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Purchasing and Supply Metrics: Measurement Best Practices - Webinar

  • ID: 4745887
  • Webinar
  • Lorman Business Center, Inc.
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Learn why supply chain metrics and performance measurement matter in procurement.

A wise manager once said that You cant improve what you dont measure and generally, whatever you measure improves. Key performance indicators and metrics provide your procurement and supply chain operation with vital information that you can use to measure success and drive process improvement. In this information we will discuss how to create a culture of continuous improvement within your operation using metrics. Learn how to determine the right metrics to track and how to use metrics to identify opportunities to improve processes and address operational challenges. Understand how to tie goals to metrics and learn about how to obtain cooperation from staff to help to achieve goals, and how to keep them informed of progress.

Learning Objectives
  • You will be able to define metrics, performance measurement, and continuous improvement.
  • You will be able to describe the benefits of attention to procurement and supply chain metrics and performance measurement.
  • You will be able to identify some criteria for development of performance measurement standards.
  • You will be able to discuss obstacles to overcome in implementing performance measurement systems.
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Procurement
  • Kaizen
  • Balanced Scorecard
  • Lean Six Sigma
  • ISO 9000
  • Malcolm Baldrige Total Quality Management Criteria
Supply Chain
  • Cash Velocity
  • Balanced Scorecard
  • SCOR
  • The Logistics Scoreboard
  • Activity-Based Costing (ABC)
  • Economic Value Added (EVA)
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LeRoy H. Graw, EdD, CPP, CPPM, C.P.M. CPSM, CPCM, CISCM - International Purchasing and Supply Chain Management Institute
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This webinar is designed for purchasing managers, buyers, contracting and materials managers, presidents, vice presidents, procurement managers, accountants, bookkeepers and financial professionals.
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Order Online - visit: https://www.researchandmarkets.com/reports/4745887
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