Contemplating what true Procurement success means is a valuable exercise. It may force some of us to recalibrate our conventional notions of what “performance” accomplishment entails. The “key performance indicators” (KPIs) we commonly adopt are exactly what the...
Smart organizations invest in boosting their Procurement Mojo® because they recognize the power of effective purchasing. But majority of Procurement functions today still struggle with achieving the success and recognition they crave. Purchasing professionals in such...
Raj, The question you pose is a very valuable one. Sadly, it is often overlooked by overzealous folks who rush to introduce the latest fad KPI without considering the underlying effectiveness of their approach. The acronym “KPI” is one of the most grossly-overused...
