What does the KPI "Utilization of Framework Agreements" measure?
The utilization of a framework agreement is an essential key procurement performance indicator. It shows to what extent procurement volumes covered by framework agreements are actually ordered through the utilization of the framework agreement.
The opposite in turn occurs with maverick buying.
To improve the utilization of a framework agreement, orders should be executed as centrally as possible, e.g. via a lead buyer. An additional aspect is the utilization of the payment goals from the framework agreements.
Spend Control 2021
Spend Control is a complete Procurement Controlling and Spend Management solution. It provides all functions, KPIs and measures needed for professional Spend Analysis.
With its standardized ERP interfaces you can connect the spend cube of Spend Control within a short time frame to any ERP system (e.g. SAP, Navision, Oracle etc.).
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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