Sourcing KPI

By LHTS

Key Performance Indicators, or KPIs, are critical to the success of any business or organization. Sourcing KPIs are measurable values that track the progress and success of the CPO's objectives, Sourcing KPIs is essential for several reasons. It helps businesses align their goals and objectives with measurable outcomes. By selecting and tracking the right sourcing KPIs, businesses can measure progress towards their purchasing objectives and identify areas for improvement. This allows them to make informed decisions and take actions that are more likely to lead to success. Finally, sourcing KPIs can help businesses stay competitive in their industry. By tracking and benchmarking their performance against industry leaders, businesses can identify areas where they are lagging and take action to improve. This can help them stay ahead of the competition and achieve long-term success.
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Curriculum

    1. Sourcing Key Performance Indicator (KPI)

    1. Introduction to KPI and KPI framework and how to define a SMART target.

    1. Defining Sourcing KPIs with the help of Dupont.

    1. How to follow up KPI and integrate KPI.

    1. Quiz: Sourcing KPI - have you got it?

    1. Key takeaways from the course.

    2. Recommended Blogposts

    3. Inject → Reflect → Apply → Next Step

About this course

  • Free
  • 8 lessons
  • Basic level - Procurement management
  • 14 min
  • Quizz and Certificate

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About Learn How to Source

Learn How to Source is an online platform based in Sweden, offering a range of procurement courses accessible globally. It serves as a community where procurement experts share their knowledge through online courses, designed for various experience levels from introductory to expert. Courses are concise, about 30 minutes each, and cover different aspects of procurement, tailored for different buyer roles. The courses focus on practical knowledge, presented by seasoned professionals, and include quizzes and certificates. They can be accessed from any device, emphasizing microlearning for flexibility and efficiency.