I hope that you have enjoyed the article “10 Procurement KPI’s, Part I.”

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In this article, I share some of the more standard KPI’s used for benchmarking. These are often used by senior management to get a general understanding of how their procurement departments stack up against others.

So, in that regard, they are important. As a procurement leader, you should have these KPI’s at your fingertips if/when your management comes looking for them.

But these particular KPI’s don’t tell the whole story of how a procurement department should be evaluated by management or even outside constituencies. Stay tuned for Part II in two weeks to get the rest of the picture.

To Your Career,
Charles Dominick, SPSM
President & Chief Procurement Officer
Next Level Purchasing, Inc.
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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."

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