This week SM’s adviser panel was asked:
I have to present a monthly purchasing report to management. What are the key areas I should highlight to give them the information they need, while also raising the profile of procurement?
-Team leader, Cambridgeshire
Our advisers said –
•Each KPI should have a target improvement for the year, listing specific rules for how to measure the improvement
•Alongside these measures should sit short descriptive sections such as market updates, or process improvements.
•To raise the profile, within the narrative of the report, include projects the department is involved with, staff development, research undertaken and supplier development.
What do you think?