What is Procurement Performance Measurement?
Procurement performance measurement is closely related to spend management or it is an integral component of procurement management. It describes key indicators, methods, and processes that are necessary for measuring procurement success.
Thorough and fine-grained procurement planning (or savings planning) as well as modern spend and initiative management are decisive for integrated procurement performance management.
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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.
Read blog articles about spend management, initiative management and data management in procurement, or other articles from our experts.
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