I hope that you have enjoyed the article, “Putting Procurement Performance Into Context.”

Don’t miss updates on Procurement & Supply Chain, Subscribe here!

When it comes to procurement performance metrics, procurement professionals often over-complicate things.  If that helps home in on areas for performance improvement, fine.

But communicating procurement performance to senior executives requires simplification.  Let me rephrase that.  Communicating procurement performance to senior executives requires effective, intelligent, meaningful simplification.

Sometimes, the most important thing that senior executives want to know is the simplest:  are things getting better or worse?

The techniques that I taught in the article will give you the ability to answer that question in an effective, intelligent, and meaningfully simple way, using overall company performance as the benchmark against which procurement performance is compared.

Never underestimate the power of simplicity!

Charles Dominick, SPSM, SPSM2, SPSM3

Charles Dominick, SPSM, SPSM2, SPSM3 is an internationally-recognized business expert, legendary procurement thought leader, award-winning entrepreneur, and provocative blogger. Charles founded the Next Level Purchasing Association in 2000, oversaw its incredible growth, and successfully led the organization to its acquisition by the Certitrek Group in 2016. He continues to blog and provide advisory services for the NLPA on a part-time basis as he incubates his upcoming business innovations. Charles is also the co-author of the wildly popular, groundbreaking book, "The Procurement Game Plan: Winning Strategies & Techniques For Supply Management Professionals."

More Posts