Measuring Strategic Sourcing and Procurement Maturity

Author(s):

Marika A, Lindstrom, Ph.D.

95th Annual International Conference Proceedings - 2010 - San Diego, CA

Abstract

Workshop outlines appropriate Key Performance Indicators (KPI) for measuring progress and success of strategic sourcing and Procurement's organizational maturity. Practical advice is shared on building data and formulas behind the KPI's, implement scorecard, track and report progress. Guidance is provided on how to use the scorecard as communication tool with internal clients and executives.