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What is Procurement Performance Management (PPM)?

Procurement performance management, or PPM, refers to the holistic process of managing and increasing the added value of the procurement organization.

In doing so, the process is observed from the finding of savings potentials (transparency in procurement) via modern methods of spend management and their realization through procurement initiatives (see Initiative Management) to the final measurement of success (see Procurement Performance Measurement) and for sustainable management over the course of several years.

AI-based classification and consolidation for improved data quality & spend transparency

Data Cleansing & Categorization

Cleansing, consolidation and classification of procurement data - If you want to operate procurement controlling professionally, you have to operate content management. Only with cleansed, uniformly classified data can you obtain meaningful analyses. View ways to cleanse & classify data in procurement.

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Here you will find important terms related to spend management explained in a clear way. Small knowledge base for quick information or in full for your further education. This controlling glossary is constantly being expanded and improved.

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How do I manage to discover new efficiencies and savings potential on a regular basis and how can I use intelligent performance management systems to increase the real commercial contribution of procurement as substantially and as sustainably as possible? ...

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