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-March 6, 2008

 
 

Supply Chain Graphic of the Week– Key Dimensions of Procurement and Sourcing Effectiveness

 
 

Understanding Procurement and Sourcing Effectiveness Requires Analysis of a Broad Range of Factors

 
 

By SCDigest Editorial Staff

 
 

Almost everyone agrees that the importance of procurement and sourcing in overall supply chain and corporate excellence continues to expand.

But how do you measure the effectiveness of this critical function?

The graphic below, from the Corporate Executive Board, provides an interesting framework for considering procurement organization effectiveness.

Source: Procurement Strategy Council, a best practices and benchmarking membership program of the Corporate Executive Board. For more information, please refer to www.psc.executiveboard.com

 

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