Understand the full value of metrics and how to apply these powerful techniques to purchasing and supply management.
Key Performance Indicators and Metrics provide your AP or Procurement operation with vital information that you can use to measure success and drive process improvement. In this topic 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 identify the right mix of leading and lagging indicators. Learn about how to obtain cooperation from staff to help to achieve goals, and how to keep them informed of progress. Ask questions and share your own experiences.
Learning Objectives:
- You will be able to define types of metrics.
- You will be able to describe common metrics for procurement and AP operations.
- You will be able to identify good metrics vs. not useful metrics.
- You will be able to recognize how to change your department culture to embrace metrics.
This Live Webinar Covers These Hot Issues:
- Why Metrics Matter
- Six Sigma and Kaizen Concepts
- Key Performance Indicators
- Common Mistakes With Metrics
- Examples of Common Procurement Metrics
- Establishing Goals and Targets
- Establishing a Metrics-Driven Culture
- Driving Process Improvement With Metrics
Credit Information (Sponsored by Lorman Education Services):
- CPE
- ISM
- AIPB
- NASBA
For Detailed Credit Information page click here
Only registered attendee will receive continuing education credit.
Instructor Profile:
Brian G. Rosenberg, TRG Consulting
- Chief executive officer at TRG Consulting
- Leading expert in AP automation and process improvement
- Has more than 15 years’ experience in the design of accounts payable shared service centers, and nearly 20 years of experience with implementation of accounts payable solutions
- Also a published author and speaker on procure-to-pay best practices
- Can be contacted at Brosenberg@trgconsulting.com
(Not available outside the US)