Key details
Mode of delivery: Classroom-based
Course code: PCM11G
Duration: 1 day
Fee: £925.00 + VAT
CPD Hours: 6
Course Overview
This session provides a structured approach to procurement performance measurement, covering Key Performance Indicators (KPIs), benchmarking techniques, and procurement audits. Participants will learn how to assess procurement effectiveness and efficiency, ensuring alignment with corporate objectives. The session also explores procurement governance frameworks, helping professionals develop transparent, compliant, and data-driven procurement practices. Additionally, learners will gain insights into procurement information systems, understanding how technology supports performance tracking and reporting.
Agenda
- Key Procurement Performance Indicators (KPIs) and benchmarking best practices
- Evaluating procurement effectiveness and efficiency
- Conducting procurement audits and compliance assessments
- Procurement governance frameworks and regulatory compliance
- Leveraging procurement information systems for data-driven decision-making
- Summary and recap of key learning objectives
- Action Planning
Target Audience
- Procurement Officers
- Category Managers
- Supply Chain Managers
- Contract Managers
- Sustainability and ESG Officers
- Procurement Analysts
- Senior Procurement Managers
- Finance and Compliance Professionals
Learning Outcomes
- Identify and apply key procurement KPIs to measure performance and drive improvements.
- Assess procurement effectiveness and efficiency using benchmarking methodologies.
- Conduct procurement audits and compliance assessments to ensure regulatory adherence.
- Implement procurement governance frameworks to enhance transparency and accountability.
- utilise procurement information systems and data analytics to support strategic decision-making.
