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.
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.Request a Demo for Data Cleansing & Categorization more about Data Cleansing & Categorization
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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