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OnDemand Webinar

Purchasing and Supply Metrics: Measurement Best Practices

A common cry today is "If you can't measure it - you can't manage it". This emphasis on measuring organizational effectiveness was started by W. Edward Deming in the early 1980s after proving its usefulness in Japan in the 1960s and 70s. Many organizations have neglected to apply these powerful techniques to purchasing and supply management. Do not make that same mistake. Business is global and only world-class organizations will remain competitive.

This on-demand webinar will explain the value of metrics, introduce critical supply metrics, and help you plan your own metrics purchasing and supply program. You will gain a profit enhancing metrics program that you can start to put to work the next day.

Learning Objectives:

  • You will be able to discuss the importance of purchasing and supply.
  • You will be able to identify tools for analysis.
  • You will be able to review key internal metrics.
  • You will be able to discuss designing your own metrics program.

Runtime: 87 minutes
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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Importance of Purchasing and Supply

  • Why Is the Importance Not Well Known?
  • How to Calculate the Potential
  • How to Sell the Importance
  • The Impact of Savings on Bottom Line

Tools for Analysis

  • Pareto's Law
  • ABC Analysis
  • Benchmarking
  • Metrics

10 Critical Success Factors - The Acid Test

Key Internal Metrics

Designing Your Own Metrics Program

10 Critical Success Factors - the Acid Test

Key Internal Metrics

Designing Your Own Metrics Program

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More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Ken Killen, C.P.M.

Dr. Ken Killen, C.P.M.

  • Professor emeritus of management and purchasing
  • Consultant to business, government and health care organizations on cost reduction, management coaching, organization structure, and solving purchasing and supply chain problems
  • Co-writer of, Managing Purchasing: Making the Supply Team Work and Purchasing Managers Guide to Model Letters, Memos and Forms
  • Co-editor-in-chief of the Purchasing Handbook (5th edition)
  • Has written, and appeared in two TV courses: “The Principles of Management” and “Human Relations in Management”
  • J. Shipman Gold Medalist
  • Member of the National Speakers Association
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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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* For audio recordings you only pay shipping

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Product ID: 392997
Published 2014
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