Calculating the value procurement delivers in dollars and cents terms like purchase price reduction and deflection is easy. But how do you measure the ongoing value procurement can deliver in helping you achieve your overall business goals?
While most organizations are tracking standard cost-based metrics, procurement departments need to work closely with other internal stakeholders such as accounting or finance departments and supply chain management to more closely align their goals to the larger business goals.
Read this report and learn how to create a more dynamic procurement scorecard to:
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