How to Assess Procurement Performance Without Getting Stuck in the Process
Most teams know they need to improve their purchasing but few know where to start. A proper Procurement Performance Assessment gives you a clear picture of how your team is working across contracts along with supplier interactions and spend. Without this kind of view you are just fixing issues as they show up. What You Should Be Looking At A strong assessment should cover core areas of Procurement and Chain Supply Management. This means tracking strategic sourcing along with contract performance and supplier delivery. Some teams stop at cost but real performance depends on how well processes support long-term business goals. Bring Supply Chain Strategy into the Mix Supply Chain Assessments are often separate from procurement reviews. When done together they show you how strategy impacts day-to-day purchasing. You need both to shape good decisions around supplier selection, along with logistics planning and category management. Do Not Skip the Global Supply Chain Manag...