Procurement KPI Excel Template
Originally published: 04/03/2019 13:13
Last version published: 12/11/2019 16:01
Publication number: ELQ-58105-2
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Procurement KPI Excel Template

This is a ready-to-use KPI dashboard for your Procurement Team.

This is a ready-to-use key performance indicator that will help to track and measure the success of an organization's procurement team.

It is instantly downloadable and comes with an accompanying tutorial video to help the user better understand and utilize the tool.

There are a number of keys, and most common, metrics which are provided with this tool. Some of which include:

General Management: This first section will include analysis of the cost of procurement (operational and administrative costs), Cost / Hard Savings, Inventory worth, and the Procurement ROI

Delivery Management: This covers the supplier lead time, purchase order cycle, and the number of suppliers.

Quality Assurance: The quality assurance section of the dashboard studies the total amount of ordered items, rejection ratios, quality scores, and the supplier quality rating.

Finance Management: Cost of Purchase Order (CPO), Cost Avoidance, Cost Reduction, and Operating Expense Ratio makes up this section of the KPI.

Warehouse Management: This looks into the average inventory, its turnover rate (ITR), Holding Cost, Stock-Out, and Service Level Agreements (SLA).

This tool is compatible with Excel 2007 and later versions and has both monthly and cumulative analysis.

If you have any questions about this KPI dashboard, feel free to start a discussion below or message privately via our Eloquens author channel.

This Best Practice includes
1 Excel Tool, 1 YouTube Video

Acquire business license for $40.00

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