Quarterly
Procurement Cost Savings
Money saved through procurement work: lower prices, better terms or avoided costs, against a baseline.
Money
Procurement
Procurement KPIs: cost savings, spend under management, supplier defect rate, purchase order cycle time, maverick spend and contract compliance.
Starter dashboardThe 5 KPIs most teams in Procurement track, each in its best chart
Quarterly
Spend Under Management
The share of total spend that procurement actively manages through sourcing, contracts or catalogues.
Percent
Monthly
Maverick Spend
The share of spend that bypassed agreed suppliers, contracts or purchasing rules.
Percent
Monthly
Contract Compliance Rate
The share of spend in contracted categories that went through the contract at the contracted price.
Percent
Monthly
PO Compliance
The share of invoices (or spend) backed by a purchase order raised before the purchase.
Percent
Monthly
Purchase Order Cycle Time
How long it takes from a purchase request to sending the order to the supplier.
Days
Monthly
Supplier Defect Rate
The share of received goods from a supplier that failed inspection or were returned.
Percent
Monthly
Purchase Price Variance
The difference between what was paid and the standard or expected price, across purchases.
Money
Quarterly
Supplier Concentration
The share of spend going to the top few suppliers (or a single supplier in a category).
Percent
Quarterly
Active Suppliers
The number of suppliers paid in the last twelve months.
Number
Yearly
Procurement ROI
The savings procurement delivers for every unit of its own cost.
Ratio
Monthly
Emergency Purchase Rate
The share of purchase orders placed as urgent or expedited.
Percent