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Live Webinar

90-minute live streaming program
  • March 1
  • 1:00 - 2:30 pm EST

Also available as:

OnDemand Webinar

Purchasing and Supply Metrics: Measurement Best Practices

March 1

Learn why supply chain metrics and performance measurement matter in procurement.

A wise manager once said that “You can’t improve what you don’t measure and generally, whatever you measure - improves”. Key performance indicators and metrics provide your procurement and supply chain operation with vital information that you can use to measure success and drive process improvement. In this information we will discuss how to create a culture of continuous improvement within your operation using metrics. Learn how to determine the right metrics to track and how to use metrics to identify opportunities to improve processes and address operational challenges. Understand how to tie goals to metrics and learn about how to obtain cooperation from staff to help to achieve goals, and how to keep them informed of progress.

Learning Objectives

  • You will be able to define metrics, performance measurement, and continuous improvement.
  • You will be able to describe the benefits of attention to procurement and supply chain metrics and performance measurement.
  • You will be able to identify some criteria for development of performance measurement standards.
  • You will be able to discuss obstacles to overcome in implementing performance measurement systems.

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Why Lorman?

Over 32 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

Procurement
  • Kaizen
  • Balanced Scorecard
  • Lean Six Sigma
  • ISO 9000
  • Malcolm Baldrige Total Quality Management Criteria
Supply Chain
  • Cash Velocity
  • Balanced Scorecard
  • SCOR
  • The Logistics Scoreboard
  • Activity-Based Costing (ABC)
  • Economic Value Added (EVA)
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Why Lorman?

Over 32 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 course was last revised on May 20, 2014.

Call 1-866-352-9540 for further credit information.

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

Live Webinar Registration

  • AIPB 1.5
     
  • This program is acceptable for 1.5 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
     
  • CPIM/CFPIM/CSCP 1.0
     
  • This program may qualify for 1.0 certification maintenance points toward the CSCP, CPIM and CLTD designations through The Association for Operations Management.
     
  • ISM 1.5
     
  • Participants who successfully complete this program will receive 1.5 hours of continuing education. They may be applied toward ISM CPSM, CPSD or C.P.M. recertification. ISM's consent to approve hours for this educational event is not an endorsement of this program or its content by ISM.
     
  • CPE 1.8 including Specialized Knowledge 1.8
     
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: https://www.nasbaregistry.org/cpas/complaints. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 1.8 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Specialized Knowledge for 1.8 hours. Prerequisite: basic knowledge of purchasing contracts. Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board. Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.
     
  • Lorman Business Center, Inc. is a registered provider for CPA CPE through the State Education Department of New York, Sponsor number: 000640. The following course will carry the subject area of Specialized Knowledge and Applications for 1.5 hours.
     

Who should attend?

This live webinar is designed for purchasing managers, buyers, contracting and materials managers, presidents, vice presidents, procurement managers, accountants, bookkeepers and financial professionals.

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Why Lorman?

Over 32 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

LeRoy H. Graw, EdD, CPP, CPPM, C.P.M. CPSM, CPCM, CISCM

LeRoy H. Graw, EdD, CPP, CPPM, C.P.M. CPSM, CPCM, CISCM

International Purchasing and Supply Chain Management Institute

LeRoy H. Graw, EdD, CPP, CPPM, C.P.M. CPSM, CPCM, CISCM, CIPTC

  • President and CEO of the International Purchasing and Supply Chain Management Institute (www.ipscmi.org), American Procurement Institute (www.api-us.org), and American Certification Institute (www.amcertinst.org)
  • International reputation as a subject matter expert, consultant, and seminar leader in purchasing/procurement and supply chain management with over 46 years of experience
  • Wrote 21 different procurement and supply chain management certification programs and 45 different procurement and supply chain management seminars and courses; more than 3000 students have participated in his programs and courses in the United States, China, Mexico, the Caribbean Basin, Europe, Middle East, South Africa, Indonesia, Singapore, Malaysia, and Thailand
  • A world class practitioner, educator, and trainer and published author of procurement textbooks and manuals; his published works include “Service Purchasing: What Every Buyer Should Know” (Van Nostrand), “Cost and Price Analysis: Tools to Improve Profit Margins” (Van Nostrand), “Manual of International Business Negotiation” (published in China), and “Commercial Contracting: Otherwise Known as Purchasing” (published in China); Dr. Graw is co-author of the previous edition of the C.P.M. Study Guide, the C.P.M. Diagnostic Examination, and the NAPM Glossary of Key Purchasing Terms; he was recently honored by the National Contract Management Association as its “Educator of the Year”; Dr. Graw serves on the adjunct faculty for several American, Chinese, and Malaysian universities
  • Designated a lifetime certified purchasing manager, he holds several additional certifications in purchasing, contracting, and supply chain management; he is also a certified training consultant
  • B.S. degree, U.S. Military Academy at West Point; master of commerce (MBA) degree, University of Richmond (Virginia); and a Ed.D. degree in education administration and curriculum and instruction, University of Southern California
  • Can be contact at 253-248-7188, [email protected] or [email protected]
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Why Lorman?

Over 32 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.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
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Additional benefits include:

  • State Specific Credit Tracker
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* For audio recordings you only pay shipping

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Product ID: 405141
Published 2014, 2019
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