Procurement Performance Measurement and Governance

Procurement Performance Measurement and Governance

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

Procurement Performance Measurement and Governance
  • 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
Course Review
  • Summary and recap of key learning objectives
  • Action Planning

Target Audience

This course is suitable for:
  • Procurement Officers
  • Category Managers
  • Supply Chain Managers
  • Contract Managers
  • Sustainability and ESG Officers
  • Procurement Analysts
  • Senior Procurement Managers
  • Finance and Compliance Professionals

Learning Outcomes

By the end of this course, you will be able to implement a successful strategy that enables you to:
  • 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.

Categories

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